The governments of Canada and Alberta have stepped up to assist Alberta farmers in dealing with the anticipated challenges of the 2025 crop year by increasing the low yield allowance.
That will enable farmers to salvage crops for livestock feed in an effort to reduce producers’ feed related costs.
The adjustment, made by Agriculture Financial Services Corporation (AFSC) through the Sustainable Canadian Agricultural Partnership, is designed to help producers salvage poor-quality crops for livestock feed, which will, in turn, help reduce feed-related costs.
Many regions of the province have experienced prolonged dry and hot weather, and a number of municipalities have declared agricultural disasters this summer.
The change to low yield allowance means that if that appraised yield falls below the established threshold level, AFSC can reduce the appraisal to zero, based on information gathered by an adjuster during inspection.
