Heifer calves, Bred Heifers, Bred Cows, Cow-Calf Pairs, Ewe Lambs and Yearling Ewes.
100% Value Financing for up to 6 year terms* (Costs include: branding, pregnancy testing, commissions and clearing charges, excluding trucking)
10% Security Deposit (Pooled Deposit) or use the Equity that you have in your own Cattle
Loan Max of $250,000 per operation, on exception to a maximum of $500,000 (additional credit assessment)
Interest Rate of Prime + 0.90% (ATB Financial Prime rate 2.95% and effective rate is 3.35% as at March 30/20)
ABFI may limit these amounts at anytime depending on market or other conditions.
Heifer (Open Replacement) Calves $1200/hd
Bred Heifers $1800/hd, Self-Purchases (producer owned, Feeder Association financed or ABFI heifer calves to a Bred contract maximum $1800/hd)
Youthful Bred Cows (under 5yrs) $1800/hd
Older Bred Cows (over 5yrs) $1200/hd
Cow/Calf Pairs (under 5yrs) $2300/pair
Cow/Calf Pairs (over 5yrs) $1700/pair
Ewe Lambs- $260/hd
If you have any further questions regarding ABFI, please contact your Local Feeder Association Administrator or ABFI office:
Email: [email protected]
0.5% of the Total Cattle Value will be Charged as the Loan Administration Fee
Administration fees are written into the loan.
Interest Rate: Prime + 0.9%
Payment or Sale of Cows or Calves
Choice of two dates; June 15th or December 15th
Proceeds from Culls is applied to the Principal of the Loan at the time of payment.