Farmers and ranchers impacted by drought and wildfires can now enroll in the newly reopened AgriStability program. While enrolment for this year’s AgriStability program previously closed in the spring, the Government of Alberta and Agriculture and Agri-Food Canada announced last week that producers can sign up for late participation until September 29. “Our government has…
Producers can get The Dish on the challenges and opportunities of perennial risk management August 1 at AgSmart in Olds, AB. The Dish is a special informational event hosted by Agriculture Financial Services (AFSC) and AgSmart. Attendees will gain insights into the opportunities and challenges related to perennial risk management in both Canada and the…
AFSC is adjusting the low yield allowance for 2023 to encourage farmers to put more poor-quality crops towards livestock feed. For 2023, AFSC is doubling the low yield threshold to allow for additional cereal or pulse crops to be salvaged for livestock feed. For example, the barley crop threshold will be increased from 150 to…
More information on Alberta crop insurance premiums is available in this fact sheet. Producers can expect to see higher premiums for the 2023 crop year. The increase is mainly due to higher crop prices, more producers participating in the insurance program, and impacts from the 2021 drought. All efforts are made to ensure premiums remain…
The cancellation of AFSC’s Satellite Yield Insurance program is among the corporation’s changes to its insurance products for 2023. AFSC announced on January 18 that due to technical challenges it would no longer be offering Satellite Yield Insurance, and that producers who have used this coverage in the past would be able to move easily…
Legendary horseman Tom Dorrance once said: “You can learn anything with these three words – observe, remember, and compare.” Beyond that, he said, learn to adjust to fit the situation. Although Tom’s wise advice was a reflection on horsemanship, I couldn’t think of any better advice for what our industry faces today. Throughout last spring…
Farming in Alberta can be unpredictable, but Agriculture Financial Services (AFSC) is committed to providing solutions to help Alberta’s producers do what they do best – build, grow and succeed. We offer a range of lending and risk management options. Lending AFSC offers a dependable source of financing for Alberta farmers and agribusinesses through our…
With a new year upon us, it brings new perspectives for planning on the year ahead. For producers across the province, this means looking at programs and available support to position for a strong year ahead. Jump to: AFSC’s podcast and AgriRecovery Minutes AgriRecovery On August 6, the provincial government announced a commitment to an…
Applications for phase two of the 2021 Canada-Alberta Livestock Feed Assistance AgriRecovery initiative are set to open the first week of January. In phase two, producers can apply for additional compensation (a secondary payment) to help cover extraordinary costs over and above the phase one initial payment. This two-phased AgriRecovery initiative, which began in September…
As I sit down to write this column and share current highlights with you as the Chair of ABP, it has me thinking a great deal about what Alberta beef producers need to know is happening within our organization. But perhaps what I feel is just as important, is the fact that we need to…
Alberta Beef Producers’ (ABP) Board of Directors would like to congratulate Past Chair Kelly Smith-Fraser on her recent appointment to Chair of Agriculture Financial Services Corporation’s (AFSC) Board of Directors. Based near Pine Lake, Alberta, Smith-Fraser operates NuHaven Cattle Co. She has years of experience on boards, including her current role as Past Chair of…
Alberta’s initial AgriRecovery payment through the 2021 Canada-Alberta Livestock Feed Assistance (CALFA) initiative is now open for applications. The initiative will help cover feed and water access costs for breeding female livestock in the province. According to the Government of Alberta, those who are approved, and have signed up for direct deposit will see payments…
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