The program was introduced after the federal government stated Canada was in economic hardship with the cattle and hog industry.
The Director of Financial Guarantee Program with Agri-Food Canada, Sean Malone says there are two ways producers can apply for the emergency advances.
Malone says if your a cattle producer you can call 1-866-745-2256 and if your a hog producer, you can call 1-866-557-5452.
Malone adding the most amount of money a producer can receive is $400,000 based on their inventory.
The deadline to apply is March 31st, 2009.