AFSC has lending options for cattle producers

Sep 01, 2022

Alberta’s cattle producers have faced several challenges in recent years, including last year’s dry conditions, which resulted in scarce pasture and winter feed.

Agriculture Financial Services Corporation (AFSC) is ready to help producers access capital to purchase feed, gain access to water, or buy breeding females to rebuild their herd.

“We’ve made some interim changes to our loan processes to ensure Alberta’s cattle producers have access to the capital they need to maintain their herds and operations,” said Jason Turner, Lending manager.

“These changes include quick processing of loans up to $200,000, interest-only payments for up to 24 months, up to 60 month loan amortization, and flexible collateral considerations.”

Cattle producers may be able to use unencumbered breeding females and/or mortgage on their land or other acceptable security to secure their loans.

AFSC can also help existing lending clients through interest-only payments, payment deferrals, and the reamortization of existing loans.

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Video: WARNING! Rough Start To Breeding Season!!

WARNING! Sheep Breeding Season Begins With A Bang! Breeding season is officially underway at Ewetopia Farms, but it didn’t exactly start the way we planned!

This vlog begins with us sorting through our rams to find the perfect match for a customer’s breeding program. What should have been routine quickly turned dangerous when one of our more nervous rams panicked. In seconds, Arnie’s knee was injured, and then I was slammed hard onto the concrete floor — both of us taken down by one ram!

Thankfully, it was just bruises, but it’s a reminder of how unpredictable and powerful mature rams can be. Once we recovered, it was time to get back to the real work — the start of breeding season.

We sorted the ewes into four breeding groups (two Suffolk and two Dorset), checking parentage as they ran through the chute, deworming those that needed it, and setting aside thinner ewes for session two of breeding season in a month’s time.This staggered approach keeps lambing organized and prevents overcrowding in the barns.

From rogue rams to the excitement of new breeding groups, this episode is full of action. Stay tuned for the next vlog, where we’ll share how we chose the rams for each group!