Canadian farm groups may have another lobby fight this year to increase the interest-free portion of the Advance Payments Program, which has been dropped back down to $100,000.
Tag Archives finances
Producers protest change to 2025 cash advance program
The 2025 interest-free portion for advance payments has been lowered back to 2021 levels
How farmers can navigate the capital gains tax maze
Tax expert says the tax-free rollover can be the farmer's best friend in succession cases, if they're worried about the spike in capital gains tax inclusion
Tax expert says the tax-free rollover can be the farmer’s best friend in succession cases, if they’re worried about the spike in capital gains tax inclusion.
When it comes to getting farm grants, not all advisors are equal
Farmers will want to know their potential farm consultant's credentials, fees, services and successes when hiring
Farmers will want to know their potential farm consultant’s credentials, fees, services and successes when hiring someone to help them access grant money.
FCC Indigenous finance team tackles borrowing barriers
Farm lender provides ‘à la carte’ loan options to First Nations farmers
First Nations farmers have often been frozen out of agricultural lending. An all-Indigenous team at Farm Credit Canada (FCC) is working to ensure they get proper access to capital.
Farm Credit Canada funds alternative lending company
Farm Credit Canada (FCC) pledged up to $60 million to Glengarry Farm Finance Corporation to provide financial backing to farmers with credit issues, the firms announced yesterday.
What is harvest costing you?
Online tools exist to help producers calculate fall costs
Harvest 2024: Online tools exist to help producers calculate harvest costs.
Advance loans attract farmers despite lower interest-free portion
Farm cash applications rise year-over-year, program administrators say
Farmer applications to the 2024 federal Advance Payments Program are on track in spite of the government lowering the interest-free portion from 2023 levels.
Producers look for credit bridge
High feed needs, plus low feed supply, plus less than optimal cash flow means producers are looking for a financial boost to get them through to spring
Winter pressure on already strained feed supplies has some producers searching for credit, as they look to tide themselves over until spring. Cash flow has been tight in a sector racked by drought last year — including a depressed cattle market as a glut of producers were forced to downsize herds. Cattle producers have since
Put the cash advance to work in your marketing plan
The APP can give you the flexibility to plan commodity sales and optimize the prices you receive
In the world of business, different strategies often create synergies where one plus one can equal three. Of course, the same is true for farming. There are many agronomic strategies that are used together from advanced seed genetics, to crop rotation and variable-rate fertilizer applications, to tile drainage or irrigation pivots and the list goes
Watch with interest, what goes down…
Rates will have to go up someday, but nobody can predict when
Last month, I looked at rising commodity prices, money creation and whether inflation may or may not develop. This month, we’ll look at what all that might mean for interest rates. Interest rates, according to economic theory, are made up of two components: an inflation figure and the real rate of economic growth. These components
Cyber-Savvy Farmer
