Posted 4/8/2009 12:59 (#673544 - in reply to #673451) Subject: Re: Canadian Farm Debt
Chilliwack BC
Here, Farm Credit is letting the blueberry growers buy land, plant and care for it, and not make any payments for 2-3 years until the crop is ready. $80,000 an acre is lots to not make payments for that long. They're also assuming that they aren't flooding the market and the price will remain high.