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 6.7% and effective rate is 7.6% as at January 25, 2023)
ABFI may adjust these amounts at anytime depending on market or other conditions.
Heifers to Breed: $2100/hd
Bred Heifers - ready to calve: $2600/hd or $3000/hd with LPIP
Youthful Bred Cows (under 5yrs) - ready to calve : $2600/hd or $3000/hd with LPIP
Older Bred Cows (over 5yrs) 2 yr loan: $2100/hd
Cow/Calf Pairs (under 5yrs): $3000/pair or $3500/pair with LPIP
Cow/Calf Pairs (over 5yrs) 2 yr loan: $2800/pair
Ewe Lambs: $260/hd
Yearling Ewes: $325/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 Cull sales are applied to the loan balance at time payment is received.