Garst Seed Company extends January cash discount pay date

Slater, Iowa
January 16, 2003

Garst Seed Company officials announce the extension of the January "cash discount" pay period. With this extension, Garst customers now have until January 31, 2003 to take advantage of a seven percent (7 %) cash discount on their purchase of Garst, AgriPro, Gutwein and PSA brand seed products.

With the 2002/2003 Holiday Season falling in the middle of the week, many growers have been faced with a shorter "window" in which to make their seed purchase decisions. "We want to make sure that all of our current customers, as well as those who may be purchasing Garst products for the first time, are able to take advantage of this extended cash discount period," explains Lori Thomas, marketing manager for Garst Seed Company.

"Farming is becoming more and more complicated every year, and with some of the uncertainty surrounding the LDP and the new Farm Bill, we’re seeing customers waiting longer before making their seed purchase decisions," notes Thomas. "With these factors in place, extending the cash discount date until January 31st will allow our customers a few more days to finalize their 2003 seed purchases with their ProSeller and take advantage of this extended cash discount period."

However, for those not interested in or unable to take advantage of the cash discounts purchase dates, Thomas reminds growers of Garst’s Gold Plan financing program for their seed purchases. "The Garst Gold Plan financing is a deferred payment option that can help our customers manage their cash flow," notes Thomas. "Best of all, it’s interest free on all accounts paid in full by November 15th of the same year."

For complete details on both the January 31, 2003 extended cash discount date or for more information on the Garst Gold Plan financing program, contact your local Garst ProSeller or call 1-888-Go-Garst. And for a complete listing of seed and total crop input financing programs available from Garst, visit the web site at www.garstseed.com.

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