FarmCash Opens Fall Online Applications
Over the Labour Day long weekend, the FarmCash cash advance program opened the 2019 fall application period. As of September 1, Alberta producers can apply online through FarmCash for a fall advance on over 50 agricultural commodities. FarmCash is offered through the Advance Payments Program of Agriculture and Agri-Food Canada (AAFC).
The FarmCash fall application offers Alberta producers up to $1 million in cash advances, with the first $100,000 interest-free on all commodities and $500,000 on canola advances for the 2019 program year. Additionally, FarmCash offers a competitive interest rate of prime minus 0.50% on the remaining balance. Go to the FarmCash website for more information.