Producers now have until July 3, 2020 to enrol in this year's AgriStability program.
The announcement was made earlier today by Agriculture Minister David Marit.
“This extension will give producers additional time to consider their risk management needs during this period of uncertainty,” Marit said in a press release. “We understand the challenges the Saskatchewan agriculture industry is facing and I encourage producers to consider the AgriStability Program.”
AgriStability is a low-cost risk management program that offers financial assistance to producers who experience large margin declines. Historical data helps to calculate a program year margin and a reference margin. Coverage is personalized for each farm.
Participants who need help with cash flow and financial stability can apply for an interim benefit. Through this interim benefit, producers receive a portion of their AgriStability benefit early to help support losses and cover costs before completing their fiscal year.
Producers can enrol over the phone. You can even complete the short contact form to begin the application process and request a call back from AgriStability staff.
The contact form is available online. SCIC AgriStability staff are available to assist producers over the phone at 1-866-270-8450 or through email at agristability@scic.ca, Monday to Friday, 8 a.m. to 5 p.m.
