For 2023, Agriculture Financial Services (AFSC) is doubling the low yield threshold to allow for additional cereal or pulse crops to be salvaged for livestock feed.
For example, the barley crop threshold will be increased from 150 to 300 kg per acre. The low yield allowance is a standard part of the crop insurance program and is meant for situations where there is not value in harvesting the crop for grain (e.g., low yield due to extreme heat and severe drought).
This adjustment enables producers to act fast to salvage crops for livestock feed rather than watch their fields deteriorate further and risk a zero harvest.
Crop insurance customers can use the AFSC yield estimation calculator to help determine potential yields and make decisions on when to harvest or preharvest a crop. The yield estimation calculator is easy to use, and provides an estimated yield in a few simple steps.
For more news on farm crop recovery programs, subscribe here and get Small Farm Canada delivered straight to your door!