Industry Information :: Farm Support Programs

Farm Support Programs

The following programs have been announced since December 2007 to provide financial assistance to producers:

  • HOG FARM TRANSITION PROGRAM   is a $75 million initiative designed to help eligible producers by providing payments to those who agree to set aside all hog production in their enterprise for a minimum of three years.

    The program is open to all hog producers that were in the business of hog production as of April 1, 2009 and are willing to set aside their entire hog production facilities for a minimum of three years.

  • LONG TERM LOAN PROGRAM FOR CANADIAN HOG PRODUCERS  Long-term loans will be provided by lending organizations. The Government of Canada will share the loan loss risk. Lending organizations will be required to ensure that the borrower had a credible business plan demonstrating potential to maintain a viable agricultural operation that will allow for repayment.  The loans would be first used to reimburse any outstanding Advance Payments Program (APP) emergency advances under the 2008 stay of default, if the borrower holds such an advance.  Additional funds could be used to address liquidity issues or make the investments required to achieve long-term profitability.

  • ADVANCED PAYMENTS PROGRAM FOR HOG PRODUCERS provides producers with easier access to cash flow by adding negative margin coverage under AgriStability as security for the Advance Payments Program (APP).

  • AGRIINVEST replaces the coverage previously available under the CAIS for margin declines of 15% or less. Each year, producers who make a deposit into an AgriInvest account will receive matching contributions from federal and provincial governments.
     
  • AGRISTABILITY replaces the coverage previously available under the Canadian Agricultural Income Stabilization (CAIS) program for margin declines of more than 15%. 
     
  • CULL BREEDING SWINE PROGRAM will result in a announced the national which will result in a 10% decrease in the Canadian swine breeding herd by mid-2008.  Producers participating in the program will have to depopulate one breeding barn for a three year period.  
     
  • SHORT TERM HOG LOAN was announced in December 2007 by the Province of Saskatchewan with up to $90 million available for hog and cattle producers producers.  

Click here to download Sask Pork's latest industry update on federal/provincial farm support programs available.