The growing season is long, but with all the necessary preparation involved, planning can make the season even longer. A major part of pre-season planning is managing cash flow so you are prepared and ready to go when purchasing crop inputs.

The following factors can impact crop input budgets especially this time of year:

• Farm income
• Crop prices
• Fertilizer market
• Fuel prices
• Seed sales

Margins remain tight following the 2024 growing season. At P&H, we have worked closely with Canadian farmers for several decades leading into each growing season. We have partnered with agricultural lenders to offer flexible and diversified credit options to help boost your purchasing power when you need it most.

Interest rates have rightly been a major concern for borrowers over the last couple of years. In recent months the Bank of Canada has cut down interest rates, with the belief that the cuts will help bring relief on debt payments and increase available cash for spending, according to a recent analysis by our partners at Farm Credit Canada. FCC also predicts that the Bank of Canada will further decrease the overnight rate later in 2025 to around 2.50%. Lowered interest rates make this an ideal time to take advantage of our available credit programs, such as:

• P&H Deferred

P&H Deferred is powered by Farm Credit Canada and is offered through our retail locations. Purchase and finance your inputs all at once. Through P&H Deferred, you have 12 months to purchase crop inputs, and up to 18 months to pay.

• P&H Advantage

P&H Advantage is one of our short-term credit options. Purchase your inputs and enjoy an interest free period until the end of the following month. No interest is charged if the bill is paid in full within that period, but if you need more time, interest is only charged moving forward. Your local P&H retailer is ready to work with you to find the option that’s right for your farm. Find your local P&H today to kickstart your 2025 growing season.