Farms.com Home   News

New funding to support potato growers

Fredericton, New Brunswick – Agriculture and Agri-Food Canada

New Brunswick potato producers who endured extraordinary costs resulting from excessive moisture during last year's growing season will have access to financial assistance starting this November.

The 2023 Canada-New Brunswick Potato AgriRecovery Initiative will compensate eligible potato producers for the extraordinary costs incurred to grow, harvest, store or dispose of last year's potato crop.

AgriRecovery is a disaster relief framework to help agricultural producers with the extraordinary costs associated with recovering from disasters. Its initiatives are cost-shared – 60% federally and 40% provincially/territorially – as outlined under the Sustainable Canadian Agricultural Partnership.

The program will offer up to $25 million in funding provided by Agriculture and Agri-Food Canada and the Department of Agriculture, Aquaculture and Fisheries through the AgriRecovery Framework.

Source : Canada.ca

Trending Video

Why Is the Hard Red Winter Wheat Market Falling? - Market Monitor

Video: Why Is the Hard Red Winter Wheat Market Falling? - Market Monitor

In this week's Market Monitor, hard red winter wheat market conditions remain under pressure. OSU Extension crop marketing specialist Todd Hubbs discusses the factors driving the market decline and what producers should watch moving forward.