Agricorp risk management program

Agricorp is required to recover balances owed to the Crown, including any program overpayments. Overpayments may occur as a result of incomplete program applications, processing errors, changes to farm operations and the nature of advance payments to producers in financial distress. If you have a balance owing, you must repay it, including interest, within three years of being notified of the debt.

You must also submit a repayment plan. Interest is applied to balances owing for 30 days or more. It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again. Risk Management Program Hogs. Forms Page Content. To access forms online, sign in to agricorp. Right-click the form link and save the file to your computer.

Locate the form in the downloads folder on your computer. Greenhouse growers, for example, are especially affected by energy costs. Other growing expenses, such as equipment and labour costs, can also increase the risk that producers face. The self-directed risk management SDRM plan for edible horticulture can help with general farm losses and expenses by allowing producers to access government contributions.

The fluctuating value of the Canadian dollar and unpredictable world markets can also pose challenges. Programs can help producers who are struggling due to market conditions. When the Kraft Heinz Company stopped production in Leamington in , AgriStability was a vital lifeline for many Ontario tomato growers who experienced losses because of the closure.

For more information about Agricorp programs and how to participate, farmers can call Agricorp at or visit the programs section. A lower proration factor would normally be associated with a year in which a high number of producers are eligible for program payments.

For example, in the proration factor was The commodity groups use the funds to supplement payments in years of greater need. In years when the premium money is not required to top up payments, the money will remain in the premium fund. Payments are based on RMP payments for that program year.

AgriStability is in Need of Crucial Reform Risk Management Calculator Updated with the pre-harvest prices, the RMP calculator is designed to help growers calculate the value of enrolling in the program.