agri instability

[sumdumguy]

Maybe only horticulture and fruit farming is benefiting.

[tstep]

Agstability was a joke for me so never was part of it but am part of agrinvest. That may end thou depends what happens with govt cutbacks

[Oliver88]

Agree with MBgrower.

Eliminate agri-stability, put those funds into enhanced crop insurance or Agri-invest......either one works for our farm.

[freewheat]

Another vote with Oliver and MB.

[grefer]

It seems each government needs to put their spin on these programs because the previous governments couldn't possibly be headed in the right direction. The thinking seems to be the longer we can drag things out and shuffle papers we can appear like we give a s&$t and maybe keep those dumb bastards voting for us.In my opinion, we had what was needed years ago with some tweaking of NISA and Crop Ins. I never have enrolled in AgriStabilty for numerous reasons and have never regretted it. I have given up years ago that bureaucrats and the finance minister will ever get it right.

[freewheat]

NISA started out with a 3% of sales contribution/matching funds did it not?

Put a cap on it, bring back the 3% and go from there. In a few years, most guys would have pretty good money in the accounts to help offset poor years.

For every half million in sales, after three years, you would potentially have 90 000 in there to draw on in bad times.

Cap it at three years of contributions, and go from there.

It is all we would need, no? A farm with 2 million sales, would be able to sock away 120 a year, (with govt funds), and have 360 to help when needed.

Or is it too rich that way? I dunno, it is a simple program that would be easy to police abuse and stop abuse from happening in the first place.

And then a bit of an improved crop ins. and we should be good to go.

I know I would have sure faired better in rough times, if the ENS was 3%, not 1%.

[GOODRUM]

I forget who they were called or much of the details but maybe someone else can chime in with more , I think it was still the sask wheat pool in 2005 and they triggered a CAIS payment , something to do with pig barns they were operating.

[ajl]

Lets not forget Broadacre/Wigmore that has gone bankrupt but still owes a repayment to Agri Stability. Figure that one out.

[vvalk]

Free wheat. You cap out with agri-invest. Used to be $22500 now it's like $17500. Not saying it's nothing. Just saying you can be $1.5M or $10M and get the same

[freewheat]

Yeah, just looked. Maximum matchable is 15 000 a year. They keep moving the dang yardstick.