Tuesday, December 13, 2022

Feeder cattle loan change


The Ontario Ministry of Agriculture, Food and Rural Affairs wants to amend the Innkeepers Act to exempt feeder cattle enrolled under the Feeder Cattle Loan Guarantee Program (FCLGP) from the section that allows custom feeders to place a lien on cattle and sell them in the event of non-payment. 


If approved the amendment would allow a change to allow for custom feeding. 


Feeder cattle co-operatives may have more feeding and herd management options allowing them to expand their operations and increase their resilience in times of reduced feed availability, OMAFRA said.