AgriStability deadline extended as farmers face market uncertainty
AgriStability Risk Management TariffsAlberta’s farmers and ranchers are seeking ways to safeguard their operations amid market uncertainty and other pressures in the ag industry.
With that in mind, federal, provincial and territorial governments have extended the AgriStability enrolment deadline to July 31 for the 2025 program year. This extension allows producers more time to assess their risks and understand how AgriStability can assist in managing them.
AgriStability, a margin-based program, helps producers manage financial losses due to production loss, increased costs or changing market conditions.
“AgriStability is a comprehensive proactive risk management program, providing financial support when an operation has a sharp drop in their farming income,” explained Daniel Graham, Agriculture Financial Services (AFSC) manager of AgriStability and Pricing.
“Assistance is triggered when the operation’s current income is less than 70 per cent of the historical average, helping a farm maintain financial viability in times of uncertainty.”
Supporting producers
AgriStability supports producers by:
- Offering income protection: When a producer’s net farming income falls below 70 per cent of their average net income (known as the reference margin) due to production loss, increased costs or market conditions, AgriStability offsets the difference.
- Addressing price volatility and trade uncertainty: When market conditions cause commodity prices to fluctuate, producers may experience unexpected revenue declines. AgriStability helps offset the financial impact on affected producers.
- Supporting farmers facing higher input costs: If costs for farm inputs like fertilizer, fuel, or feed, increase rapidly, profit margins can shrink. AgriStability considers these cost increases, helping cover part of the financial shortfall when margins decline by 30 per cent or more.
- Offering interim payments: Producers can apply for interim payments to receive a portion of the estimated benefit early, helping with cash flow during challenging times.
- Providing access to other credit options and programs: AgriStability participation grants producers access to credit options such as the Advance Payments Program (APP), which provides cash advances through various farm commodity organizations.
- Supplying affordable coverage: The cost to participate is relatively low, available to all producers.
Enrolling in AgriStability is easy. Producers simply need to complete an Application for Fee Notice 2025 by July 31 to enrol for the 2025 program year.
Want to learn more?
To learn more about AgriStability:
- AgriStability
- New to AgriStability
- 2025 AgriStability Participants
- AgriStability Program Handbook 2023-2027
If you have additional questions about how AgriStability can help you the challenges of production loss, increased costs and uncertain market conditions, please contact your preferred AFSC branch office, call the Client Care Centre at 1.877.899.2372 or email info@AFSC.ca