News
Alberta cash advance program FarmCash launches in September
By Top Crop Manager
The Alberta Wheat Commission (AWC) will provide cash advances through FarmCash for Alberta's crop, livestock and honey producers to help manage cash flow throughout the year. The program will begin September 1, 2018 and is provided under Agriculture and Agri-Food Canada's (AAFC) federal Advanced Payments Program (APP).
FarmCash will offer interest free advances and low interest rates on 45 commodities, including all major crops, livestock and honey, through a fully automated web-based platform. The Alberta Wheat Commission will administer the program which is designed to help producers meet their financial needs, cash flow obligations and increase marketing opportunities to improve profitability.
Starting September 1, farmers can apply for the program online, in person, over the phone or by mailing in an application form.
AWC encourages farmers to sign up to receive notifications or to call 1-855-376-2274 to learn more about the program. AWC is approved as an official administrator of the Advance Payments Program by Agriculture and Agri-Food Canada.
