Producers are granted a transition period
La Financière agricole du Québec adopted
transitional measures concerning the implementation, as of the 2011 insurance year, of the performance measure for the Farm Income Stabilization Insurance Program (ASRA).
It was decided to gradually introduce the performance measure for the Cow Calves and Lamb sectors. Consequently, the measure will not be fully implemented until 2013. For 2011, it will be cut by 50% and by 25% in 2012.
In 2008, certain modifications to the parameters of the ASRA program brought about major structural changes to these productions. From now on, insurance coverage is based on the kilograms of meat sold rather than the number of female breeders, as has always been the case. Farms are obliged to adapt their production accordingly, which is why it was decided to apply the performance measure progressively.
© Gouvernement du Québec,
2012