There needs to be an extension to the 15 mar deadline. Many of us with crappy crops only had so many options. I have grain contracted for dec jan delivery that I cannot still move. I took a lower price just to move it. Is it my fault they won't take it? Now we re gonna be hit by 26% interest. For what?
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Maybe there needs to be more "streaming" schemes available for other crops. How has the poor movement affected that model and what happens if things get dragged out, are there conditions or allowances made for poor movement?
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Its rather sad rider that Ritz again dropped the ball on this file.
In our area it is a very sore point as grain movement is totally the shits. When a politician listens to advisors instead of farmers its time for him to be put out to pasture. Lots and Lots are going to get a real big surprise in Saskatchewan and I think Alberta come next Federal election and its not going to be the way they want it.
All Ritz had to do on this file is offer FCC to get farmers to make equal 6 month payments as a example at regular interest rate. Farmers would not have to pay the huge penalty and FCC would make money. Hm its about making money isn't it. All Ritz had to do was extend the repayment period by a few months till the back log was cleared. Min 20% down as a example and 6 months.
Input capital and its 13 in auger in Yorkton is going full bore.
HA HA HA.
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FCC has a due date extension program.
CPS late payment is very onerous, Would love to be able to pay cash and get lower fall and christmas prices on inputs, but just too many zero crops in last 10 years. always trying to catch up rather than get ahead.
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