Reduced crop quality and extra grain drying expenses are going to impact the bottom lines on many farms in northern and central Saskatchewan.
Farm Credit Canada (FCC) says it will work with growers affected by the moisture-delayed harvest.
“It’s a payment deferral for a 12 month period on the principal side,” says Barry Watson, the prairie region FCC vice president. “Depending on the severity of the situation and stuff like that, there may need to be other things considered in terms of how the financing structure is set up.”
A growing number of farmers are wrapping up harvest this week, while others will need several additional days of good weather.
Jim Wickett farms southeast of Rosetown, but spent last weekend helping a friend combine at Herschel, about 40 kilometres away.
“Every day there are a few more guys ringing the bell and getting done. That is good to see.”
Wickett says when one farmer is done, he usually heads off to help a neighbor.
“Combines are multiplying on the fields and thank goodness because most delayed areas are high bushel crops and they need to get in the bin.”