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Is Ag Stability Dead! Our Accountant thinks it is.

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    #11
    If you've ever been to a National Safety Nets meeting, it's enough to make you gag. CFA, which includes KAP, Wild Rose, etc; fall all over themselves to prove who's the smartest.

    What happens is, Finance hands down to Ag how much the budget is. The Ron Bonnett types (Jack Wilkinson clones) then carve out how to apply that money to a farm program.

    Never does anyone (but the cattle producers) speak up to say, "This won't work for our producers". The majority just act like Govt lap dogs.

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      #12
      We have exactly same recipe as you sf3, scic@80%,hail ins @$200. Were going to get back in last year after floods but acct wanted $10k for the 3 yrs and actually scic treated us good so to hell with ag stability
      Last edited by Guest; Apr 11, 2017, 15:19.

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        #13
        Any hands-on farmer who keeps good yield and revenue records (and is capable of filling out a form), can complete his/her own AgriStability with easily (and no problem with audit). Manual farm records set up for AgriStability ease make it a breeze. IMHO The claims processors may even help you to fill out the forms and show you how it works. The verification process can be frustrating if you don't know how to do revenue checks, but it certainly is not too difficult.

        I worked for AIDA CAIS and AgrStability(for twelve years) , never will pay an accountant to complete my AgriStability. I helped many farmers to fill out their own forms and never had one come back for adjustments. Been through audits and no problem at all. It's a cake walk, especially for Agrivillers. 👍

        Changes to margin calculation after 2011 have changed the probability to trigger a payment and I am not saying that the program is effective, but if it is accountant fees that you are prohibitting you from applying, then try it on your own. You may surprise yourself at how simple it really is.

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          #14
          Staying in, hoping new government fixes the program MR RITZ ****ed

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            #15
            Agri stability work good for me. Accountant charge less than 200 and he works for me and himself. It was explained a couple years ago what some poeples problem was but lot of poeple don't want to learn on here .

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              #16
              Originally posted by wakopa View Post
              Agri stability work good for me. Accountant charge less than 200 and he works for me and himself. It was explained a couple years ago what some poeples problem was but lot of poeple don't want to learn on here .
              I missed the tutorial , can you elaborate?

              sumdum , I hear you on the accounting . many have said it's easy to do . I guess our biggest reason we're out is because we have good crop ins and always take $200/ac hail ins . as well we sell leafcutter bees every year so I don't think we have much of a chance . but having said that I sure didn't feel very good after the 42 " rain we got, and that we weren't in it . I don't think we would of qualified even with that , though .

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                #17
                Farmaholic,

                Do you not have to carry crop insurance for agristability? Otherwise the deduct what you would have got with 70% coverage for each crop. They may have changed that when the gutted the program after 2012 but that's the way it used to be.

                We have gone to straight crop insurance for that reason. Agrisabilty will never kick in for us because we will always make to much on crop insurance.

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                  #18
                  Originally posted by caseih View Post
                  We have exactly same recipe as you sf3, scic@80%,hail ins @$200. Were going to get back in last year after floods but acct wanted $10k for the 3 yrs and actually scic treated us good so to hell with ag stability
                  Your getting ripped off, get a new accountant! Agristability is so cheap why would you not wanna be in it.

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                    #19
                    From Alberta:
                    AgInvest - yes
                    AgStability - No
                    Crop Insurance-yes, with hail rider
                    Since they've kept records, we are at about 60% recovery of crop insurance premium, mostly through hail

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                      #20
                      AgriInvest is the only one that makes sense to stay in, although just got notice that Royal Bank is going to start collecting fees from AgriInvest accounts because farmers have too much money and banks are poor. Quit AgriStability in 2012. Don't like pointless paperwork of any kind.

                      Even managed to eliminate StatsCan from my life by letting unknown phone numbers go to answering machine(to verify it's StatsCan), saving number to phone and blocking it and burning any mail from them. I don't even know if they exist anymore. Life is so much simpler.

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