Damage caused by drought

in order to advance the payment to affected producers by mid-august. All indications are that the amounts paid for this advance will be greater than those of last year, which amounted to only $ 4.2 million for the Bas-saint-laurent region.

In addition, crop insurance provides additional amounts for certain transportation costs and a higher price for hay to account for large and widespread yield losses.

La Financière agricole pointed out that advisors at its service centers remain available to offer the necessary support to producers affected by the drought. In addition to its insurance and income protection programs such as crop insurance and AGRIS, it is possible to obtain financing for products and services. Moreover, companies worried about their financial situation can contact La Financière agricole to help them find the best solution for managing their liquidity.

The regional directors of La Financière agricole are in communication with the regional federations of the Union des producteurs agricoles to discuss current approaches and specific regional issues.

"In addition to the interventions of La Financière agricole du Québec, the government will financially support the coordination efforts deployed in each region to enable farmers to fill their supplies,” commented. Laurent Lessard, Minister of Agriculture, Fisheries and Food of Quebec.

“In addition, we will enhance the Advisory Services Program so that all agricultural producers who wish to do so can obtain personalized advice to deal with this exceptional situation. We will closely monitor developments in the coming weeks," he added.