AgriStability

AgriStability is a cost-effective risk management program that helps farmers handle income declines due to production losses, rising costs, or market fluctuations. It provides financial support when a farm’s current-year margin falls below a set threshold, based on historical financial data.

Key Features:

• Personalized Coverage: Uses your farm’s historical financials to establish a reference margin.
• Payment Cap: the current payment cap for the 2024 program year is $3 million with a $6 million cap being implemented for the 2025 program year
• Higher Compensation Rate: the current compensation rate for the 2024 program year is 80%, with a 90% of compensation rate taking effect for the 2025 program year.
• No Reference Margin Limit: Increases coverage eligibility for farms with lower allowable expenses.
• Private Insurance Exclusion: Private insurance payouts (e.g., hail or livestock price insurance) no longer impact benefits.

Enrollment and Deadlines:

• Sign Up: The deadline to enroll in the 2025 AgriStability Program is July 31st, 2025. Contact your Stark & Marsh Advisor to enroll today.
• Form Submission: Starting 2024, forms are due June 30 of the following year.
• Fees: $3.15 per $1,000 of margin covered (approx. $0.69/acre for grain or $1.19/head for livestock).

Additional Support for Livestock Producers:

• Feed & Water Expenses: Additional feed and water hauling costs are covered.
• Custom Grazing: Expenses from custom grazing agreements qualify.
• Herd Management: Financial support is available when downsizing due to adverse conditions.

By participating in AgriStability, you protect your farm against significant income fluctuations, ensuring long-term financial security.

AgriInvest

AgriInvest helps farmers manage income fluctuations and invest in their farm’s future. It offers matching government contributions to support risk management and business investments.

Key Features

• Savings Account: Deposit a portion of your Allowable Net Sales (ANS) and receive a matching government contribution.
• Flexibility: Use funds for risk management or farm investments, such as equipment, technology, or infrastructure.
• Matching Contributions: 1% of ANS (up to $10,000/year).
• Easy Access: Withdraw funds at any time.

Eligibility & Deadlines

• Who Qualifies: Farmers who report farm income/loss and file tax returns on time.
• Deposit Deadline: Within 90 days of receiving your AgriInvest Deposit Notice.
• Tax Filing Deadlines:
  • Individuals: June 15 (or April 30 if you have non-farm income).
  • Corporations: 6 months after fiscal year-end.
• Sign Up: Contact Stark & Marsh to enroll before the deadline.

Program Benefits

• Risk Protection: Provides a financial cushion against unexpected market changes or weather events.
• Farm Investment: Funds can be reinvested to enhance productivity and sustainability.
• Simplicity: Easy enrollment and minimal paperwork.

Eligible Uses for AgriInvest Funds

• Equipment purchases
• Farm storage or processing facilities
• Infrastructure upgrades
• Soil conservation practices
• Renewable energy projects
• Unexpected cost coverage (e.g., feed or fertilizer)

By participating in AgriInvest, Saskatchewan farmers can better prepare for financial risks and invest in their farm’s long-term success.

SOURCES
AgriInvest: www.agr.gc.ca/agriinvest
Government of Canada: www.agriculture.canada.ca/en/programs/agriinvest