Ontario beef farmers receive extension for repaying federal advance payment loans Tuesday, May 13, 2014 by JIM ALGIE Recent adjustments to extend the repayment period for federal advance payment loans should help Ontario cattle farmers, a recent Beef Farmers of Ontario (BFO) newsletter says. Administered by the Guelph-based, Agricultural Credit Corporation, the federal advance payments program provides growers with up to $400,000 in operating capital. The first $100,000 of such loans is free of interest cost with the remaining balance up to $300,000 at bank prime rates. Changes announced March 19 include a single, stream-lined, application process, quicker approvals and new repayment rules for cattle farmers with constant inventory. A BFO newsletter published last Friday says “advances can now be repaid up to a year after issuance rather than upon the sale of cattle.” The changes followed recommendations by BFO, said the newsletter article that was attributed to that organization’s communications manager LeaAnne Wuermli. It means farmers “can realize more savings by extending their interest-free portion of the loan to a full year versus paying back on their first sales of cattle,” the newsletter says. The program for cattle farmers opens annually, April 1, and remains open to applications between April and the following March. Loans are available on current inventory held for sale during the current program year. Advance loans for livestock require that borrowers be enrolled in the federal Agristability program which provides insurance against large margin declines. Agricultural Credit Corporation (ACC) is a not-for-profit farm organization formed in 1992 by a coalition of farm organizations now including 19 producer groups. Since it began, the corporation has loaned more than $4 billion to Canadian farmers, a statement on the ACC website says. BF Few details available about impact on Ontario farmers of most recent food processing plant closure Projects receive Greenbelt funding
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Calculating Corn Drydown Before Harvest Wednesday, October 7, 2026 As corn reaches physiological maturity, growers face a familiar but important decision: allow the crop to continue drying naturally or begin harvest and remove the remaining moisture mechanically. The answer depends partly on how quickly grain moisture is declining. Although general... Read this article online
Canadian Ethanol Industry Pushes Ottawa to Act as U.S. Imports Gain Market Share Wednesday, October 7, 2026 Canada's ethanol industry is renewing pressure on the federal government to finalize long-promised changes to the Clean Fuel Regulations (CFR), arguing that delays are allowing imported U.S. ethanol to capture a growing share of Canada's expanding market. The call comes from the Farms... Read this article online
Ontario Meat Awards Crown Top Processors Wednesday, October 7, 2026 Ontario’s meat processing industry celebrated its top performers at the 2026 Ontario’s Finest Meat Competition Awards Gala. Organized by Meat & Poultry Ontario (MPO), the event recognized outstanding products, skilled craftsmanship, and innovation across the province’s meat sector. The... Read this article online
Ontario breaks ground on poultry research centre Wednesday, October 7, 2026 Construction is underway on the new Ontario Poultry Research Centre in Elora, a project designed to strengthen research capacity and support the long-term competitiveness of Ontario’s poultry industry. The provincial government has committed more than $24 million to the facility through... Read this article online