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Financial Help on TAP for Sask. Pig Farmers

by 5m Editor
11 January 2008, at 8:31am

CANADA - The Canadian Government has approved a targeted advance program (TAP) for hog farmers in Saskatchewan under the AgriStability program.

TAP payments will provide pig producers with 60 per cent of their estimated 2007 benefit under AgriStability, the program that replaces the Canadian Ag Income Stabilization (CAIS) program's coverage for margin declines of over 15 per cent.

A report in beef journal Canadian Cattlemen, says that Eligible farmers will be notified by letter from 21 January. It wi;ll detail the amount of the entitlement for 2007 and farmers wanting to apply for the assistance must sign and return the letter by 31 March 2008.

The amount of a individual TAP advance will be based on information already submitted to the AgriStability program administration, relating to his or her 2006 CAIS application.

Provincial governments can request federal approval for TAPs "in response to extreme conditions including price collapse where the entire industry or sector is severely affected.

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5m Editor