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Agristability

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  • bucket
    Senior Member
    • Jan 2008
    • 17033

    Agristability

    So I get my agristability notice and after some quick math.....is this even worth being in?

    70 percent of 70 percent means you are out of business before it kicks in.
  • bucket
    Senior Member
    • Jan 2008
    • 17033

    #2
    Told the lady yesterday it's a severance program for farmers not a program to keep guys failing from uncontrolled circumstances.

    Comment

    • farmaholic
      Senior Member
      • Sep 2010
      • 17483

      #3
      Nope... then take the lower of your average gross margin or your eligible expenses and it gets even worse.

      I've said it before, the Governments seen the potential liability accruing in this program and had to water it down, otherwise it could have cost them dearly. I think only crooks get paid with this program.... work it by shuffling grain between different members of same farming operations that are farmed under different names...or likely the likes of Pike!

      Comment

      • sumdumguy
        Senior Member
        • Mar 2007
        • 12010

        #4
        Hate to say, told you so, but Harper gutted the program. Just saying.

        Comment

        • bucket
          Senior Member
          • Jan 2008
          • 17033

          #5
          Farmaholic

          Do you think that's the way these guys are growing?

          Moving grain around so each member takes a crack at being zeroed for a year?

          Never seen a rep from agristability or a banker for that matter ever bang on the side of the shiny snow fence.

          Comment

          • SASKFARMER3
            Senior Member
            • Feb 2006
            • 14485

            #6
            Ok what am I missing I deposit say 32000 and the next day it's 64000 to help in a shit show year!
            So what am I missing it's just one tool in the tool box. Hail ins crop insurance and then if you want buy extra. No free lunch.

            Comment

            • foragefarmer
              Senior Member
              • Mar 2014
              • 3506

              #7
              What your missing, is your talking about Agrilnvest not Agristability. Two different programs!

              I guess some one mentioning Harper in a negative way got you all excited!!

              Comment

              • farmaholic
                Senior Member
                • Sep 2010
                • 17483

                #8
                ......was that too much information?

                Comment

                • fjlip
                  Senior Member
                  • Oct 2002
                  • 9878

                  #9
                  Originally posted by farmaholic View Post
                  ......was that too much information?
                  $3.2 million in eligible sales I see....

                  Comment

                  • ado089
                    Senior Member
                    • Aug 2004
                    • 1754

                    #10
                    Matching tops out at $1.5m in eligible sales so $15k

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