NEWS
Canada Farmers Seek Cash Advances
Mon Mar 3, 2014 07:43 AM CST

TORONTO (Globe and Mail )-- The backlog of grain shipments that has left sellers with unfilled orders and stuffed storage bins has many Western Canadian farmers facing a cash shortfall just weeks ahead of planting season.

The number of farmers seeking cash advances through a federal government program has risen by 35% to 40% as growers look for ways to pay for seed and fertilizer, while much of last year's record crop sits unsold in grain bins amid a shortage of rail cars.

"Farmers are really cash-strapped this year because of the transportation backlog that they're facing," said Rick White, ...

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