If you are an Ontario producer of any type of agricultural commodity you need to know about AgriStability.

This program protects producers from large declines in their farming income due to market conditions, production loss or increased costs of production.

Your allowable income and expenses for all the commodities you produce are used to calculate your margins, protecting the income of your whole farm.

Calculating your margins

The program compares your production margin (net income this year) to your reference margin (the average of your recent production margins). If your production margin falls below 85 percent of your reference margin, you trigger an AgriStability payment.

If you participate in AgriStability, there are only three major requirements each year:

• Pay fee
• Submit application
• Report tax information

Funding partners

AgriStability is part of the suite of programs established under Growing Forward. It is cost-shared by the federal and provincial governments on a 60:40 basis. In Ontario, AgriStability is delivered by Agricorp.

For more information visit: http://www.agricorp.com/en-ca/Programs/AgriStability/Pages/Overview.aspx