Application deadline for new entrants is March 31.
By: Alberta Milk
Source: Alberta Farmer Express
Applications are now being accepted for Alberta Milk’s New Entrant Assistance Program, which offers a quota loan at no cost to successful applicants.
The program provides two kilograms of loaned quota for every kilogram bought (previously this was 1:1), up to a maximum of 25 kg/day. The 25-kilogram loan is enough quota to milk 18 to 25 additional cows. The quota loan gradually expires beginning in the 11th year (previously seven years) at a rate of 10 per cent per year.
While using the program, new entrants can expand up to 100 kg/day of total quota holdings (the previous maximum was 70 kg/day). The application deadline is March 31. For more info, go to the Alberta Milk website.