AgriStability is one program in a suite of business risk management programs that governments offer to help producers manage significant risks. Other programs in the suite include AgriInvest, AgriInsurance and AgriRecovery.

The purpose of the AgriStability program is to provide Canadian agricultural producers with an ongoing whole-farm risk management tool that provides protection against large declines that threaten the viability of their farm and are beyond their capacity to manage.

Under the program, allowable income includes the proceeds from agricultural commodity sales and the proceeds from production insurance. Allowable expenses include commodity purchases, along with direct input costs incurred in the farming operation.

Why Choose AgriStability?

Whole farm protection – AgriStability protects your farm income based on all of your commodities.
Unique coverage – Your coverage is based on your own farm history.
Payments in times of financial distress – Provides assistance to producers who experience margin declines greater than 30 per cent due to production loss, adverse market conditions and increased costs.
Access to other credit options and programs – AgriStability can give you access to credit options such as the Advance Payments Program (APP), which provides cash advances through various farm commodity organizations.
Affordable coverage – AgriStability is a low cost risk management program available to all producers.

The AgriStability program is designed to help producers protect their farming operations from income decline. Program participants cannot receive full AgriStability payments until the program year is complete. However, by applying for an interim advance you may receive a portion of the estimated benefit early.

Determining support levels

Production margins result from allowable income less allowable expenses, adjusted for changes in inventories, accounts receivable, accounts payable and purchased inputs. The allowable expenses used in calculating the support level is also adjusted for accounts payable and purchased inputs. Under the program, allowable income includes the proceeds from agricultural commodity sales and the proceeds from production insurance. Allowable expenses include commodity purchases, along with direct input costs incurred in the farming operation.

Interim advances

Producers enrolled in AgriStability are eligible to apply for an advance on their AgriStability payment. New participants may be able to apply for an interim advance payment as long as they are enrolled and have paid the program fee.

To be eligible for an AgriStability interim advance, a producer must:

  • Have completed six months of consecutive farming activity and a production cycle.
  • Be farming in Canada
  • Have reported farming income to Canada Revenue Agency (CRA) as an individual, corporation/co-operative or a trust/communal organization
  • Have paid their AgriStability fee