AgriStability and AgriInvest programs
A program for agricultural producers based on margins. It provides support when a producer experiences a large loss of commodity income. Payments may be available when the current year program margin falls below 70% of the producer’s average historical reference margin. The reference margin is based on three of the past five years, removing the highest and lowest margin years from the calculation to obtain the average.**Enrollment deadline to sign up for AgriStability for first time applicants or producers wanting to get back into the program has been extended from April 30, 2021 to June 30, 2021 for the 2021 program year**
A program for agricultural producers that acts like a savings account where allowable annual producer deposits to their AgriInvest bank accounts are matched, based on a positive Allowable Net Sales calculation. This helps to manage smaller declines in commodity income and allows producers to make farm investments to reduce risks or even improve commodity income.
Bevan and Partners has 20 years of extensive experience with these programs. From advising clients on which program is best for their operation, to timely and accurate filing of the AgriStability and AgriInvest programs.