AgriStability is known as a low-cost risk management program where coverage is based on individual farm history. At the same time, AgriStability is also viewed as a complex program that requires detailed record-keeping and associated professional fees. It is also viewed as being slow to pay.
However, changes are on the way that will reduce the filing burden, increase dependability and predictability, and result in files being processed sooner.
Starting with the 2025 program year, AgriStability participants will be able to:
- choose between optional reference margin (ORM) and accrual adjusted reference margin (AARM)
- request coverage notices, if they have selected the optional reference margin
Additionally, the filing deadline for supplementary forms and tax information (inventories, purchased inputs, receivables and payables) is moving to June 30. Participants will still be able to file their AgriStability forms any time after they complete their year-end but will need to ensure all necessary information has been received by AFSC by June 30.
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