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Tag Archives BMO

Crops, Markets, Weather

Flexibility available for farmers on FCC loan payments

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Reading Time: 2 minutes Farm Credit Canada says it remains willing to work around the various forces majeures standing between its farmer clients and their cash flows this year. The Crown lending agency reiterated Monday it will work with customers “to come up with solutions for their operations on a case-by-case basis” in view of this spring’s weather worries […] Read more
Crops, Fruit/Vegetables, Reuters

Tomato producer Mastronardi said seeking buyer

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Reading Time: < 1 minute Reuters — Mastronardi Produce, an Ontario grower and distributor of hothouse tomatoes, peppers and cucumbers, is exploring a sale it hopes could value it at as much as $900 million, including debt, according to people familiar with the matter. Privately-held Mastronardi has hired Bank of Montreal (BMO) to run an auction process, the people said […] Read more
Livestock, Markets, Poultry/Eggs

FCC, BMO offer breaks on loans to poultry farmers

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Reading Time: 2 minutes Poultry producers up against direct impacts from avian influenza outbreaks at farms in British Columbia’s Fraser Valley may be able to get breaks on their outstanding loans with some lenders. Farm Credit Canada (FCC) and BMO Bank of Montreal both recently announced they may grant affected customers some leeway on payments. FCC said it “will […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending January 17, 2020.

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