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Young Farmer Crop Plan Credit
Even to well-seasoned producers, the business of farming can seem overwhelming at times. To a young, beginning farmer with much less experience, the weight can feel even heavier, compounded with the dread of making an ill-timed, costly mistake.
The Young Farmer Crop Plan Credit program is designed to assist these young and beginning farmers with the costs of AgriInsurance, while ensuring their crop production decisions are made based on sound research, analysis and their own cost of production.
The program provides a one-time premium subsidy of up to ${program_details::subsidy} to young farmers who are enrolled in AgriInsurance for the first time. Receiving the credit is contingent on preparing a cropping plan that is acceptable to a Manitoba Agriculture, Food and Rural Initiatives (MAFRI) Farm Production Advisor.
- Eligibility
- Costs & Coverage
- Deadlines
- Procedures
- Links
Eligibility
Eligible Producers
To qualify for the Young Farmer Crop Plan Credit, you must:
- be a first-time participant in the AgriInsurance program, and enroll by March 31st
- be between 18 and 39-years old
- complete an application for the Young Farmer Crop Plan Credit at your local MASC Insurance office, and
- prepare and implement a cropping plan that is approved by a Manitoba Agriculture, Food and Rural Initiative (MAFRI) Farm Production Advisor
Note: If you do not create an approved plan by May 31st, you are no longer eligible for the program credit.
Costs & Coverage
The Young Farmer Crop Plan Credit is funded by the Province of Manitoba, with no cost to eligible participants.
As a qualified young farmer, you will receive a credit of up to ${program_details::subsidy} applied against your premiums owing, provided:
- a MAFRI Farm Production Advisor completes the acknowledgement section of the application form, stating that you have completed an approved cropping plan, and
- the acknowledgment is then forwarded to MASC. MASC will apply the credit in the fall prior to mailing your Statement of Account.
Deadlines
| Date | Last day to... |
|---|---|
| March 31st |
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| May 31st |
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| June 30th |
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| November 30th |
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Procedures
Application
To apply for the Young Farmer Crop Plan Credit:
- if you're between 18 and 39 years of age, apply for your first MASC AgriInsurance contract
- visit your local MASC Insurance office and complete the Young Farmer Crop Plan Credit application form
- prepare a cropping plan for approval of a MAFRI Farm Production Advisor
Once the MAFRI Farm Production Advisor completes the acknowledgement section of your application form, he or she will forward it to MASC, which will then apply the credit of up to ${program_details::subsidy} to your outstanding AgriInsurance premiums in the fall (prior to mailing your Statement of Accounts).
Related MASC Links |
External Links |
