Stabilization Insurance
ASRA is designed to guarantee a positive net annual income to farm businesses in Québec. Compensation is paid when a product’s average selling price is lower than the stabilized income.
You can get an idea of the average selling price and the stabilized income by consulting the Summary Tables for Each Production (French).
Product (Insurance year) | Payment date (1st advance) | Cumulative – Net compensation (1st advance) | Payment date (2nd advance) | Cumulative –Net compensation (2nd advance) | Final payment date |
---|---|---|---|---|---|
Cow calves (January 1 to December 31) | July 21 | 50% | December 21 | 75% | April 30 |
Feeder cattle and slaughter cattle (January 1 to December 31) | July 21 | 50% | December 21 | 75% | April 30 |
Grain-fed calves (January 1 to December 31) | July 21 | 50% | December 21 | 75% | April 30 |
Piglets (January 1 to December 31) | July 21 | 50% | January 21 | 75% | April 30 |
Feeding hogs (January 1 to December 31) | July 21 | 50% | January 21 | 75% | April 30 |
Lambs (January 1 to December 31) | July 21 | 50% | January 21 | 75% | May 31 |
Cereals and canola (August 1 to July 31) | November 21 | 50% | April 21 | 70% | December 31 |