Growers looking for ways to save money and get a start on 2005 can take advantage of the seed financing programs offered by Mycogen Seeds through Farm Plan and Rabo AgServices. Growers can sign up for a financing program through May 15, 2005.



"We offer a couple different programs to fit growers' needs," says Chuck Schneider, National Channel Manager, Mycogen Seeds. "The earlier growers sign up, the more they can save in their financing."



One of the financing programs available through Farm Plan gives growers Seasonal Terms with a variable interest rate of Prime minus 1 percent Annual Percentage Rate (APR). There is a minimum purchase of $5,000, with payment due in full on the November 2005 statement due date. Growers have until March 15, 2005, to take advantage of this special rate.



A second program is offered through both Farm Plan and Rabo AgServices. Growers have until May 15 to sign up for this program that offers Seasonal Terms with a variable interest rate of Prime APR. Like the other program, a minimum purchase of $5,000 is required, and payment is due in full on the November 2005 statement due date.



Another option from Farm Plan offers No Payments/No Interest on seed purchases for 120 days. Growers can take advantage of this program to buy seed today and make no payments, nor accrue interest, for 120 days. For growers using this program, a minimum seed purchase of $2,500 is required, and payment is due in full at the end of the 120-day waiver period. Growers can sign up for this program until June 30, 2005.



Source: Company Release