California Ag Network

Policy

Proposed Change Would Give ABC Short-Term Borrowing Authority

Proposed Change Would Give ABC Short-Term Borrowing Authority

The Board of Directors for the Almond Board of California is proposing a change to the federal marketing order for California almonds. If approved by growers through the referendum vote, the change would allow ABC to use a seasonal line of credit, if needed, to help manage a timing gap in its cash flow. ABC […]