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Protecting your farm business

Every farmer’s situation is unique and Alberta’s business risk management (BRM) programs delivered by Agriculture Financial Services Corporation (AFSC) are designed to meet their needs and offset the financial impact of multiple challenges. If you are a crop or livestock producer, this suite of BRM products is your first line of defence against unpredictable weather, markets and more.

One of those risk management options for producers is a suite of crop insurance programs. In 2025, AFSC insured about 11 million perennial acres (45% of eligible acres) and 18 million annual acres (84% of eligible acres).

Producers are encouraged to look at the options available and find a product that covers what they need at a price that works for them, keeping in mind that February 28 is the last day to apply, make changes to or cancel Perennial Crop Insurance. It is also the last day to remove grazing livestock from insured export hay fields.

New for 2026, AFSC has adjusted the historical precipitation normals for Moisture Deficiency Insurance, Moisture Deficiency Endorsement and Silage Greenfeed Lack of Moisture Insurance, resulting in slight changes to normal moisture levels for most weather stations. These changes will help ensure these programs are affordable and able to keep helping farmers for years to come.

Alberta continues to invest in BRM programs to make sure farmers and ranchers have access to insurance and income stabilization programs they can depend on; and to advocate for long-term, permanent enhancements to BRM programs that make them more responsive, equitable and timely.

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Trending Video

$400m loss to save $3.8m? The real cost of closing Canada's research farms | Agri cmte, 10 Feb 2026

Video: $400m loss to save $3.8m? The real cost of closing Canada's research farms | Agri cmte, 10 Feb 2026

Officials are forced to defend cutting a historic $3.8 million research farm while the government simultaneously funded an $8.5 million cricket factory that went bankrupt. Is this evidence of an incoherent spending strategy? Watch the full committee clash to see the government's official rationale.

A heated discussion erupts over the logic behind the government's cuts to AAFC research farms in Lacombe, Indian Head, and Quebec City. MPs question why core, decades-old scientific infrastructure is being deemed 'not core' while other, controversial programs were funded. The Deputy Minister is repeatedly pressed for the actual net savings of the decision versus the expense of relocating research programs.