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Canada boosts farmer support to 90%, doubles max payment to $6M amid drought, trade issues.
The Canadian government and Saskatchewan have increased support for farmers through the AgriStability program, raising the compensation rate from 80% to 90% and doubling the maximum payment cap to $6 million per operation.
These changes aim to help farmers cope with drought and trade uncertainties with China and the U.S.
The program now also includes a new inventory valuation method for livestock feed.
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Canadá aumenta el apoyo a los agricultores al 90%, duplica el pago máximo a $6 millones en medio de la sequía, problemas comerciales.