The Emergency Relief Program (ERP) has a payment limit of $125,000. However, if more than 75% of your adjusted gross income (AGI) is from farming, then you qualify for an extra $125,000 payment.
The bottom line is that farmers needs to have at least 66.66% of farm AGI to total AGI before they can include equipment gains. This will prevent many farmers from qualifying for increased payments.
Ag Growth International Inc. (TSX: AFN) (“AGI”, “us”, “we”, “our”, or the “Company”) today announced an update to the outlook for our 2024 financial performance. The Company anticipates full year 2024 ...
"The U.S. and broader North American farm market continues to be ... will be distributed closer to the release date. AGI is a provider of the equipment and solutions required to support the ...