Moncton, New Brunswick, – Farm Credit Canada (FCC) is offering support to customers in the wild blueberry sector in Atlantic provinces and in Quebec who could be facing financial hardship as a result of widespread excessive moisture during the 2023 growing and crop season, in addition to pollination issues and poor-quality harvest.
High inventory and the anticipation of a lower market price may also contribute to cash flow shortfalls, particularly in the fall and winter.
FCC’s support will provide producers and processors the relief needed to make their loan interest payments while they navigate through financial losses.
“We’ve been watching the wild blueberry harvest closely in the Atlantic provinces and in Quebec, and we see the challenges some producers are up against,” said Louis Turcotte, FCC senior vice-president of Quebec and Atlantic operations. “We know that each producer’s situation is unique and encourage our customers to reach out as soon as possible to discuss their needs so we can work together on a plan that makes sense for their operations.”