Alberta Milk is now accepting applications for the New Entrant Assistance Program (NEAP), which offers a quota loan at no cost to qualified new farmers.
New this year is the ability for those accepted to use loaned quota as security with financial institutions. To date, 22 farms have started under the program, said Alberta Milk chair Stuart Boeve.
The program provides two kilograms of loaned quota for every kilogram purchased to a maximum of 25 kilograms — enough to milk about 20 to 25 cows.
New entrants can expand up to 100 kg/day of total quota holdings, or about 80 to 100 cows. The loaned quota is gradually reduced beginning in year 11.
For program details, go to albertamilk.com. Applications close on March 31.