AgriInvest - 2021 Statement B – Corporation/Co-operative and Special Individual

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Protected B when complete

General information

If you have more than one farming operation (a single farm and one or more partnerships), complete a Statement A for your first farming operation. Complete a Statement B for each of your other farming operations.

Identification

  • Sole proprietorship/partnership
    Note: If you indicate you are in a partnership, complete the partnership information section on page 3
  • Participant Identification Number (PIN)
  • Fiscal period
    • From: (Year/Month/Day)
    • To: (Year/Month/Day)
  • Method of accounting
    • Enter Code 1: If you are using the accrual method to report for AgriStability and AgriInvest and to Canada Revenue Agency (CRA)
    • Enter Code 2: If you are using the cash method to report for AgriStbility and AgriInvest and to CRA
  • Was your farming operation involved in any of the following?: (Check all applicable boxes for this operation)
    • a member of a feeder association
    • a crop share (landlord)
    • a crop share (tenant)

Income

Enter the applicable code for each entry on the form. The codes are listed in the Commodity list and in the Program payment lists included in the AgriStability and AgriInvest Corporation/Co-operative and Special Individual Harmonized Guide

Round all income amounts to the nearest dollar.

Commodity sales and program payments
Commodity sales and program payments Code Amount
     
     
     
Total A : Total commodity sales and program payments 9950 $
Other Farming Income
Other farming income Line Amount
Other program payments 9540  
Business risk management (BRM) and disaster assistance program payments 9544  
Resales, rebates, GST/HST for allowable expenses 9574  
Resales, rebates, GST/HST for non-allowable expenses, recapture of capital cost allowance (CCA) 9575  
Agricultural contract work 9601  
Patronage dividends 9605  
Interest 9607  
Gravel 9610  
Trucking (farm-related only) 9611  
Resales of commodities purchased 9612  
Leases (gas, oil well, surface, etc.) 9613  
Machine rentals 9614  
Other (specify): 9600  
Total B: Total of other farming income $
Summary of income
Total A  
Total B +
Gross farming income: Total A plus Total B (enter on line 9959 on page 3) $

Expenses

Enter the applicable code for each entry on the form. The codes are listed in the Commodity list and in the Program payment lists included in the AgriStability and AgriInvest Corporation/Co-operative and Special Individual Harmonized Guide.

Round all expense amounts to the nearest dollar.

Commodity purchases and repayment of program benefits
Commodity purchases and repayment of program benefits Code Amount
Point of sale adjustments 575  
     
     
Total C: Total commodity purchases and repayment of program benefits 9960 $
Allowable expenses
Allowable expenses Line Amount
Containers and twine 9661  
Fertilizers and soil supplements 9662  
Pesticides and chemical treatments 9663  
Insurance premiums (crop or production) 9665  
Veterinary fees, medicine, and breeding fees 9713  
Minerals and salts 9714  
Machinery (gasoline, diesel fuel, oil) 9764  
Electricity 9799  
Freight and shipping 9801  
Heating fuel 9802  
Arm's length salaries 9815  
Storage/drying 9822  
Commissions and levies 9836  
Private insurance premiums for allowable commodities 9953  
Total D: Total of allowable expenses $
Non-allowable expenses
Non-allowable expenses Line Amount
Machinery (repairs, licences, insurance) 9760  
Machinery lease/rental 9765  
Advertising and promotion costs 9792  
Building and fence repairs 9795  
Land clearing and draining 9796  
Agricultural contract work 9798  
Other insurance premiums 9804  
Interest (real estate, mortgage, other) 9805  
Memberships/subscription fees 9807  
Office expenses 9808  
Legal and accounting fees 9809  
Property taxes 9810  
Rent (land, buildings, pastures) 9811  
Non-arm's length salaries 9816  
Motor vehicle expenses 9819  
Small tools 9820  
Soil testing 9821  
Licences/permits 9823  
Telephone 9824  
Quota rental (tobacco, dairy) 9825  
Gravel 9826  
Purchases of commodities resold 9827  
Motor vehicle interest and leasing costs 9829  
Capital cost allowance 9936  
Mandatory inventory adjustments – prior year 9937  
Optional inventory adjustments – prior year 9938  
Other (specify): 9896  
Total E: Total of non-allowable expenses $
Summary of expenses
Total C  
Total D +
Total E +
Total expenses: add Total C, Total D, and Total E (enter on line 9968 on page 3) $

Statement of farming activities (if applicable)

Other items
Other items Code Amount
Gross farming income (enter total from "Summary of income" on page 1) 9959  
Minus: Total farming expenses (enter total from "Summary of expenses" on page 2) 9968  
Net income (loss) before adjustments (line 9959 minus line 9968) 9969  
Add: Optional inventory adjustments - current year (if applicable) 9941  
Add: Mandatory inventory adjustments - current year (if applicable) 9942  
Total (Optional inventory adjustments + Mandatory inventory adjustments)    
Net income (loss) after adjustments 9944  
Net farming income (loss) 9946  
Shareholder/Member information
Name of shareholder/member AgriStability and AgriInvest Participant Identification Number (PIN)
   
   
   

Partnership information

  • Partnership Name:

Note: Enter the Participant Identification Number (PIN) for each of your partners. Enter the first and last names for individual partners. Enter the corporation’s name for corporate partners. Your partnership’s total shares must equal 100%.

  • Your % share of the partnership:
Partnership Information
AgriStability and AgriInvest PIN Individual's first name Individual's last name Corporation name % share
        %
        %
        %
        %
        %
        %
        %

This page to be completed by AgriStability participants only

  • PIN
  • Has the productive capacity of this operation decreased during the program year due to disaster circumstances?
    • For crops: (Yes/No)
    • For livestock: (Yes/No)
  • If you participated in crop or production insurance in the program year for this operation, please provide the Contract or Identification numbers in the following fields.

Crop inventory valuation and productive capacity

Code Crop/Grade Units Acres Unseedable acres Quantity produced Ending inventory End of year price $
               
               
               
               
17 Summerfallow acres    
18 Pasture acres    
19 Wasteland acres    

Livestock inventory valuation

Code Description Ending inventory End of year price $
       
       
       
       

Livestock productive capacity

Productive animals
Productive animals Units 2021
104 Cattle Number of cows that calved  
123 Hogs, farrow to finish Number of sows that farrowed  
145 Hogs, farrowing Number of sows that farrowed  
Number of feeder livestock
Number of feeder livestock Units 2021
105 Feeder cattle (fed up to 900 lbs) Number of animals fed  
106 Finished cattle (fed over 900 lbs) Number of animals fed  
125 Hogs, nursery (fed up to 50 lbs) Number of animals fed  
124 Hogs, feeders (fed over 50 lbs) Number of animals fed  
Custom fed livestock
Custom fed livestock Units 2021
141 Custom fed cattle Number of animal feed days  
142 Custom fed hogs Number of animal feed days  
       
Supply managed commodities
Supply managed commodities Units 2021
113 Milk quota, milkfat Number of kilograms butterfat/day  
108 Chickens, layers, broiler eggs for hatching Number of producing hens  
109 Chickens, layers, eggs for consumption Number of producing hens  
143 Chickens, broilers Number of kilograms produced  
144 Turkeys, broilers Number of kilograms produced  
Other (specify below)
Other (specify below) Units 2021
       
       

Purchased inputs

Code Description End of year amount ($)
     
     
     
     
     
     

Deferred income and receivables

Code Description Ending receivables and income deferred to 2022 ($)
4020 Expected grains and oilseeds pool payments  
     
     
     
     

Accounts payable

Code Description End of year amount ($)