GFM Network News


2018 cash advance deadline extended on pandemic concerns

Western Canadian farmers had more than $100 million coming due this month

Grain and livestock producers with a cash advance from 2018 will have until September to pay back their loan. “Hopefully, this will give them enough time to get it paid down so that we’re not forcing them into a default situation,” said Rick White, president and CEO of the Canadian Canola Growers Association, one of […] Read more

Cash advance repayment deadlines extended

FCC gets added capital to boost lending capacity

Canadian farmers who have repayment deadlines coming up on their cash advances between now and the end of April will get extra time to repay those loans. The federal government on Monday announced a stay of default on loans coming due on or before April 30 under the Advance Payments Program (APP), among other measures […] Read more



CCGA now accepting upgraded cash advance applications

Farmers can start applying for the new, higher cash advances from the Canadian Canola Growers Association (CCGA), starting Friday (June 7). “It’s three days earlier than we planned, but our team has been working very hard, along with program officials, to get this enhanced service in the hands of the hundreds of farmers who have […] Read more


Second farm organization offering cash advances

Producers have another option when seeking a cash advance. Beginning Sept. 1, the Alberta Wheat Commission will provide cash advances through FarmCash under the federal government’s Advance Payments Program. The federal loan guarantee program provides low-interest cash advances up to $400,000, with the first $100,000 interest free. FarmCash will offer advances on 45 commodities, including […] Read more

CCGA cash advance applications out early

Among other changes to the program, applications are available earlier this year for spring cash advances through the Canadian Canola Growers Association (CCGA). The CCGA on Thursday announced it’s now accepting applications for the 2017-18 advance payments program (APP), which offers cash advances on 45 different crop and livestock commodities. The CCGA is the administrative […] Read more