The Agricultural Producers Association of Saskatchewan (APAS) is encouraged by the removal of the AgriStability Reference Margin Limit (RML), but is disappointed the program鈥檚 compensation rate was not increased.
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鈥淚t鈥檚 good news that the provincial and federal Ministers of Agriculture agreed on the removal of the Reference Margin Limit yesterday,鈥� said APAS President Todd Lewis, 鈥渂ut farmers鈥� costs and business risks have both increased significantly since the program was cut in 2013, so we still need improvements to the compensation rate.鈥�
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鈥淚ncreasing AgriStability support for farmers is an investment in Canada鈥檚 economic recovery, because producers need better protection against risks outside their control, like weather and trade disputes,鈥� Lewis explained. 鈥淔arming will always be an unpredictable business, but enhanced BRM coverage will reduce that risk.鈥�
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APAS will continue advocating for improvements to the AgriStability compensation rate alongside the Canadian Federation of Agriculture (CFA), its provincial and territorial counterparts, and other agricultural groups across the country.
