AgriStability and AgriInvest programs
AgriStability:
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 Payments may be available when the current year program margin falls below 70% of the producer’s average historical reference margin.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.**The deadline to enroll in AgriStability for the 2023 program year has been extended to September 29, 2023.**
AgriInvest:
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.
