The Agriculture Financial Services Corporation is encouraging agricultural producers to enroll in Moisture Deficiency programs
The Agriculture Financial Services Corporation (AFSC) is encouraging agricultural producers to enroll in the Moisture Deficiency Insurance (MDI) and Moisture Deficiency Endorsement (MDE) programs.
MDI is an insurance program where the client insures native, improved, bush, or community pasture. MDE can be purchased along with dryland Hay Insurance. This endorsement uses precipitation information from a network of weather stations across the province to reflect moisture conditions.
MDI and MDE are based on the amount of precipitation that falls at the selected weather stations for the months and monthly weighting during the insurance period selected. Losses are paid based on the accumulated precipitation at the weather stations and not on actual pasture conditions or growth at the farm. AFSC has a map of weather stations and a graph of moisture normals by weather station for 2023 available for review.
An MDI and MDE payment history calculator is also available.
Applications can be made by creating or logging into your AFSC Connect account. The last day to apply for, make changes to, or cancel MDI or MDE applications for the 2023 growing season is February 29, 2024.
Additional questions can be directed to AFSC Connect, the AFSC Client Services Centre at 1-877-899-2372, or by contacting your local branch office.
Kallie Wischoff
Policy Advisor
825.319.2245
kallie@RMAlberta.com
Wyatt Skovron
Manager of Policy & Advocacy
780.955.4096
wyatt@RMAlberta.com