Effective Use Of Financial Tools Already At Your Fingertips — David Derwin

Borrowing at 0% interest is about as good as it gets.

When only 20% of producers are using available cash advance programs, like the one administered by the Canadian Canola Growers, you have to question why more farmers are not taking advantage of effective borrowing programs.

According to David Derwin, of PI Financial, only 5 to 10% of growers use the financial tools like cash advance, futures, and options that are already available to them.

Shaun talked with David at the Ag Excellence Conference about why producers are reluctant to use the tools available to them and how you can learn by doing to become a more profitable farm in the long run.

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