Moose Jaw Times-Herald: Stewart encourages banks to work with producers

By Lisa Goudy

With farmers’ cash flow close to a standstill, Saskatchewan’s agriculture minister is asking financial institutions to be lenient.

“It’s (about that) time producers are going out to arrange lines of credit to operate their farms on for 2014 and they haven’t had good cash flow,” said Agriculture Minister Lyle Stewart on Thursday. “They haven’t got the lines of credit paid down from last year the way they would’ve liked to because of the transportation bottlenecks and so that’s a major issue, as well as just loan repayments.”

He wrote to all financial institutions in the province urging them to be flexible with farmers who haven’t received money because their grain isn’t getting to market.

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