Cattle financing Canada producers can rely on starts with practical funding designed around real livestock operations. Foothills Livestock provides feeder cattle financing for eligible producers across Alberta, Saskatchewan, and British Columbia, helping support feeder cattle purchases from auction through to feedlot operations. With clear program details, flexible terms, and local support, producers can explore financing that fits their livestock operation.
Feeder Cattle Financing for Canadian Producers
Managing a cattle operation requires careful planning, particularly when purchasing feeder cattle. Foothills Livestock’s Feeders Division is designed to help eligible producers access financing for qualifying feeder cattle while keeping the process straightforward and clearly communicated.
The program supports feeder cattle purchases and provides producers with a defined financing structure. Eligible livestock includes steers, heifers, young feeder bulls, and cows fed in a dry lot. Breeding bulls are not included in the feeder cattle program.
Financing Designed for Feeder Cattle
Foothills Livestock offers financing with a 365-day loan term and no early payout penalties. The minimum loan amount is $5,000, while financing can reach up to $1,000,000 per yard, with larger amounts possible through joint approval.
The program uses a floating interest rate of CIBC Prime Rate plus 0.5%, and a 10% pooled security deposit is required. These details give producers a clear starting point when evaluating financing for feeder cattle purchases.
What the Feeder Financing Program Includes
Understanding the program requirements before applying can help producers prepare the appropriate information and documentation.
Protection and Sale Requirements
Financing feeder cattle also involves specific protection requirements. Foothills Livestock requires mandatory Full Protection Mortality for financed feeder cattle. The premium is 1% of the loan, with a deductible applying.
When cattle are sold, producers must provide notice before selling. Private treaty sales require a Certified Brand Inspection, payable by the member before branding. Financed feeder cattle must also be manifested to Foothills Livestock Co-op on the member’s account.
Custom Feedlot Financing Support
If financed cattle are placed in a custom feedlot, the member signs a Feedlot Agreement Waiver with the feedlot owner. The required form is available through the Foothills Livestock Co-op office.
Simple Application Options
Foothills Livestock provides application options for different types of producers. Individual producers can complete an individual loan application, while businesses, partnerships, and corporations can use the business loan application.
Applicants may also need to complete the Farm Credit Canada producer consent form and return it with the financing application. Providing the required documents helps move the application process forward efficiently.
Why Choose Foothills Livestock?
Foothills Livestock Co-op has provided cattle financing to producers across Alberta, Saskatchewan, and British Columbia for more than 28 years. Its approach combines local understanding, local support, and financing designed specifically for livestock producers.
Conclusion
Choosing the right financing structure can help eligible livestock producers manage feeder cattle purchases with greater clarity. Foothills Livestock offers a dedicated feeder financing program with defined terms, application options, protection requirements, and support for producers across Western Canada. If you are considering feeder cattle financing, review the program requirements and contact the Foothills team to discuss eligibility and the next steps.
