The Manitoba Pork Credit Corporation reports interest among pork producers in borrowing under the federally guaranteed Advance Payments Program is higher this year than last.
The Manitoba Pork Credit Corporation estimates pork producers can save as much as two and a half dollars per pig on input costs over the production cycle by taking advantage of loans offered under the Advance Payments Program.
The Manitoba Pork Credit Corporation reports higher hog prices and lower feed costs have stimulated an increased interest among western Canadian pork producers in the Advance Payments Program.
The Western Canadian Wheat Growers Association fully endorses the decision by the federal government to transfer administration for the advance payment program for wheat and barley to the Canadian Canola Growers Association.
Agriculture Minister Gerry Ritz announced that the Advance Payments Program (APP) for Western wheat and barley producers will now be delivered by the Canadian Canola Growers Association (CCGA), who currently administer the program for over 20 other commodities in Western Canada.
Durum farmers who have been unable to sell their crops due to transportation delays will have additional time to repay their 2009 cash advances under the Advance Payment Program (APP).
Durum farmers and certified organic farmers who did not have their product sold last year now have more time to repay cash advances under the Advance Payments Program (APP).
Crop farmers who are unable to access their granaries in order to haul their product due to wet or flooded road and fields now have more time to repay cash advances under the Advance Payment Program (APP).
Some cattle and hog producers facing hard financial times now have extra time to repay cash advances under the Advance Payment Program (APP).
