Cash Advance

MANITOBA CORN GROWERS ASSOCIATION (MCGA) provides Cash Advance loans on most crops grown in Manitoba.

The 2017-2018  Advance Payments Program (APP) forms are now available here.

For 40 years, MCGA has been helping farmers with their cash flow needs by administering the federal Advance Payments Program
offering CASH ADVANCE LOANS on most crops grown in Manitoba. Each producer is entitled to $100,000.00 interest-free and an additional $300,000.00 at prime -1/4%. The totals must be the combined value of all Advances from ALL Administrators.

Visit the Manitoba Corn Growers Association website to download forms.

The Advance Rates for the 2017-2018 production period are:

Corn (Grain Only) $2.23/bu
Alfalfa Seed $0.92/lb
Annual Ryegrass $0.16/lb
Perennial Ryegrass $0.26/lb
Kentucky Blue Grass $0.38/lb
Sunflower Confects $0.14/lb
Sunflower Oils $0.11/lb
Soybean $5.41/bu
White Pea (Navy) $0.17/lb
Pintos $0.17/lb
Cranberry $0.22/lb
Great Northern $0.18/lb
Other Coloured $0.18/lb
Kidney $0.22/lb
Hay $48.50/T
Honey $0.63/lb
Peas (MB Only) $3.88/bu
Faba Beans  $0.04/lb
Lentils $0.13/lb
Desi Chick Peas $0.14/lb
Kabuli Chick Peas $0.16/lb
Canola $5.21/bu
Flax $5.74/bu
Buckwheat $6.76/bu
Mustard $8.25/bu
Wheat $2.90/bu
Mustard Ethiopian $4.51/bu
Barley $1.69/bu
Fall Rye $2.59/bu
Rye $1.97/bu
Oats $1.12/bu
Triticale $1.60/bu
Durum $3.04/bu
Hemp Seed $0.34/lb
Camelina $0.08/lb
Millet $0.04/lb
Canary Seed $4.47/bu
Alfalfa Seed (BC & AB) $0.87/lb
Hay (AB) $63.05/T

 

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