The Canadian Canola Growers Association (CCGA) is now accepting applications for the 2017-18 Advance Payments Program (APP).

Through CCGA, farmers can apply for a cash advance on 45 different crop and livestock commodities.

“The spring cash advance program provides farmers with access to cash flow on their unharvested crops and newly born livestock,” says Rick White, CEO at CCGA. “We’ve already been getting calls from farmers, so we are pleased that in the first full week of March we are ready to launch our pre-application process.”  

Farmers are eligible for a cash advance of up to $400,000, with the first $100,000 being interest-free and an additional $300,000 interest-bearing at prime rate.

New this year is the ability to fill out one common application form. There will also be new security options, including Global Ag Risk Solutions' Production Cost Insurance.

“CCGA is continually looking for ways to make our services more accessible to farmers,” says White. “These changes will provide greater access to operating cash flow for Western Canadian grain and livestock farmers.”

While the paperwork process can start today, the association will begin issuing advances on April 3, 2017.

More info can be found at www.ccga.ca.