Prior to the long weekend, the FarmCash cash advance program opened fall applications, allowing agricultural producers to take advantage of marketing flexibility or kick-start planning for the next growing season’s commodity inputs. Producers can apply for up to $1 million and receive the first $350,000 interest-free.
FarmCash proudly offers producers the remainder of the advance at one of the lowest lending rates available across administrators, TD prime minus 0.75 per cent, to provide producers with further interest savings post-harvest and throughout the calendar year.
FarmCash is available on more than grain and other field crops. Commodities eligible for an advance under the program also include honey and many types of livestock to support the long-term profitability of western Canadian agricultural producers.
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