Manitoba Crop Alliance begins issuing cash advances on winter cereals planted fall 2024

Nov. 27, 2024 (Carman, MB)  Manitoba Crop Alliance (MCA) has received approval to start issuing cash advances on winter wheat and fall rye planted in fall 2024 through Agriculture and Agri-Food Canada’s Advance Payments Program (APP).

The APP is a federal loan program administered by MCA. It offers Canadian farmers marketing flexibility through interest-free and low-interest cash advances. Under the program, eligible farmers are eligible to receive up to $1,000,000, with the Government of Canada paying the interest on the first $100,000 of the advance for the 2025 program year.

Funds can be issued in three to five business days once the application process is complete. MCA’s interest rate on interest-bearing cash advances is competitive with major banks and credit unions.

“Our friendly and knowledgeable APP staff understand the complex financial needs of farmers,” says MCA chair Robert Misko. “The friendly and personalized service they provide to clients keeps them coming back to us year after year for their cash advance needs.”

To apply for an advance under the 2025 program year on winter wheat and fall rye planted in fall 2024, farmers can phone MCA’s office at 1-204-745-6661 or toll-free at 1-877-598-5685 to request an application form.

MCA also continues to process applications for the 2024 program year on more than 35 crop kinds and honey.

If farmers would like to be notified regarding APP-specific information, please email hello@mbcropalliance.ca to be added to the subscriber list. More information on the APP can be found at mbcropalliance.ca.

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For more information, please contact:

Darcelle Graham
Chief Operating Officer
204-745-6661
darcelle@mbcropalliance.ca

About Manitoba Crop Alliance:
Manitoba Crop Alliance is a non-profit organization established Aug. 1, 2020, representing more than 7,700 farmer members. Manitoba Crop Alliance puts their farmer members first and strives to continuously improve the competitiveness and profitability of all crops represented by the organization by focusing on four main areas: research, agronomy, market access and development, and communications. It is through investment in these key areas that Manitoba Crop Alliance can ensure wheat, barley, corn, sunflower and flax are sustainable production choices for Manitoba farmers. For more information, visit mbcropalliance.ca.