Upcoming Key Dates
- September 1, 2024, PY2024 Post-Harvest Application opened.
- September 30, 2024, Last day to repay PY2023 field crops and honey advances in full.
Farming is an intensive business that requires continual investment to maintain the depreciated value of the farm and its assets. While debt can be an essential part of farming and agriculture production, whether debt is good or bad depends largely on the intended use and the vehicle of which a producer is loaning funds. Interest rate can play a big role in financing and if funds are borrowed at a low interest rate, while being used to make wise purchases or investments, loans can actually increase your farm’s profitability.
Learn more about the differences between good and bad debt in the articles below.
FarmCash: A Short-Term Loan for Long-Term Impact
Why FarmCash is the Right Investment Tool for Producers
