06-03-2014 01:22 AM | Canada

Banks urged to be flexible with farmers

Saskatchewan’s agriculture minister wants financial institutions to cut farmers some slack because of a grain transportation backlog.

Lyle Stewart says he has written to all banks in the province urging them to be flexible with farmers facing a cash crunch because their grain isn’t getting to market.

Saskatchewan producers harvested a record crop of 38.4 million tonnes last year, but they don’t get paid until the grain gets to market.
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