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
Ontario Grows Most of the Nation's Celery Friday, July 24, 2026 When Canadians reach for a stalk of celery at the grocery store, there is a good chance it began its journey on an Ontario farm. While celery occupies only a small share of Canada's overall vegetable acreage, the crop continues to play an important role in the country's fresh... Read this article online
University of Guelph Receives $1 Million Gift to Advance Sustainable Materials Research and Bioeconomy Growth Friday, July 24, 2026 The University of Guelph has received a $1-million gift from The WB Family Foundation to expand research into sustainable materials and support the continued growth of Ontario's bioeconomy. The investment will support the University's Bioproducts Discovery and Development Centre... Read this article online
Southco Launches R4-50 Rotary Latch with Dual Triggers for Equipment Cabs Friday, July 24, 2026 Southco has launched a new cab access solution aimed at improving safety, durability, and ease of operation in demanding environments. The company’s latest product, the R4-50 Rotary Latch with Dual Triggers, is designed specifically for agricultural and heavy-duty... Read this article online
Zucchini Harvest and Summer Squash – Ontario leads the way. Friday, July 24, 2026 Ontario has the largest field vegetable sector in Canada, with approximately 859,000tonnesof field vegetables produced in 2024, representing about 34% of total Canadian field vegetable production. Quebec was second at about 694,000tonnes. Ontario also has the largest number of field... Read this article online
Pilot project supports Ontario and Quebec ag Friday, July 24, 2026 A new two-year pilot project is designed to help livestock farmers in Quebec by giving them access to an Ontario abattoir. The project, a collaboration between the Quebec and Ontario governments, with additional support from the Canadian Food Inspection Agency (CFIA), would see a limited... Read this article online