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With soaring input prices across the agricultural sector, particularly in relation to fertiliser, farmers will need access to increased levels of working capital this Spring. Farmers across the country are facing into a period of price inflation and increased uncertainty.
Cultivate, which provides farm loans from the credit union is helping to address this working capital challenge. Cultivate is collaborating with independent local Agri Merchants nationwide to provide additional credit to farmers following this dramatic increase in fertiliser prices
While everyone hopes that this is a short-term issue, additional supports are now needed. Kanturk Credit Union are stepping up to support local farmers who are looking to access a credit facility by offering a working capital loan to manage their cashflow this Spring