As the title asks.
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Anyone finding any good AgriInvest accounts that pay interest?
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Be careful with the way it is advertised. 1.25% is most likely an annual rate. Others advertise .2% but it is like a monthly rate.
My suggestion to anyone is to withdraw the funds and use for LOC or debt repayment. Its the best way to get 4 to 6%.
Even better is to use to purchase inputs. The way things are going 15 to 20% may be achievable with the way things have jumped recently
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Your right sask-99, the best rate I could find was 1% compounded 1/4ly. That is what I did for the best bang for my dollar. BUT, remember when you with draw these funds, it's now considered income, for income tax purposes. Which is/was of no consequence for me this year.
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