The Agricultural Producers Association of Saskatchewan is calling for some understanding and flexibility for farmers and ranchers dealing with the impacts of the drought.

President Todd Lewis says it's a challenging time for producers with the lower than expected yield prospects and higher feed costs for the livestock industry, producers may have difficulty meeting repayment deadlines.

"You know, there's going to be grain producers that are going to have trouble paying their bills going into next spring, and there's also the issue of forward contracts. There's been a lot of contracts signed, you know over the last six months that won't be filled. We're gonna have producers that are gonna have to violate these contracts, negotiate with grain companies, on how best to put off the delivery for those."

He notes as with any contract, it would be wise for producers to consult a lawyer.

For years, APAS has been advocating for standardized contracts in Canada to ensure the documents are fair for all parties involved.

Lewis is encouraging financial institutions, cash advance administrators, suppliers, and buyers to recognize these conditions and help provide some flexibility for producers.

"Want to see as much support and transparency from both grain companies and input suppliers when dealing with producers. At the same time, it's on the producers to keep those lines of communication open too. Nobody likes a surprise, and it's time to start talking about this now and not later. "

More Ag News

Airdrie welcomes newest $50 million snack facility

From left to right, Nate Horner, Minister of Agriculture, Forestry and Rural Economic Development, Yousif Al-Ali, President and CEO, Super-Pufft Snacks Corp and Airdrie Mayor Peter Brown..captiontext…

G7 Agriculture Ministers meet in Germany

Canada’s Minister of Agriculture and Agri-Food, Marie-Claude Bibeau, meets with other G7 Agriculture Ministers in Stuttgart, Germany - Photo Credit: BMEL/Photothek.captiontext G7 Agriculture…

Seeding underway south of the border

.captiontext Seeding in the United States has ramped up over the past couple of days. Dan Basse is president of AgResource Company in Chicago. "We are finally getting at the seeding here in the last…

Canada's 2021 Census of Agriculture

File Photo.captiontext Data from the Census of Agriculture indicate that trends identified in previous census cycles, such as industry consolidation and aging of farm operators, have continued in…

Satellite changes could shutdown farmers

Photo Courtesy of Matt Yanick.captiontext There's a key change coming up next week for farmers that use WAAS - a Wide Area Augmentation System - for Precision Agriculture. Matt Yanick, President and…

DiscoverMooseJaw.com is Moose Jaw's only source for community news and information such as weather and classifieds.

Search the Biz Guide

Login