FCC Adds $500 Million To Young Farmer Loan

Mar 30, 2016

Farm Credit Canada (FCC) is growing its commitment to help young people get started in farming.

FCC has added $500 million to its Young Farmer Loan program, which will make a total of $2 billion available to young farmers across the country.

"The loan can be used for any agricultural purpose," explains Lindsay Folk, FCC's director of pricing and products. "It's probably used most often to buy land, but it can also be used land and buildings and equipment, and we would just be taking the land for security."

The loan is geared toward young producers under the age of 40 looking to borrow a maximum of $500,000. Folk says the loan also comes at a preferred interest rate with no processing fees.

Source : Portageonline

Video: Overview of Massey Ferguson's DM Series Triple Mowers

Lucas Dickerson with Massey Ferguson provides an overview of its DM Series Triple Mower, a high-performance mowing solution designed for efficiency, durability, and versatility in hay and forage operations.

This model features an overall working width of 32 feet, with a 12-foot front mower, allowing operators to cover more acres in less time. Built for productivity, it combines proven cutting technology with operator-focused innovations to ensure consistent, high-quality results in every field.

Key features:
>> RazorEdge Cutter Bar is shared with Massey Ferguson’s pull-type mowers for part commonality—farmers can use the same knives, turtles, and components across multiple machines.
>> Herringbone steel-on-steel conditioning rolls provide an industry-exclusive feature that delivers optimal crop crimping performance across a variety of forages.
>> Available with or without ISOBUS capability to accommodate different tractor configurations and customer needs.
>> Front and rear mower suspension provides a smooth ride and consistent cut, while ISOBUS-equipped units allow on-the-go suspension adjustments for better ground following.
>> Simplified part interchangeability means less downtime and lower ownership costs.

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