Sunday, July 7, 2013

Lending Program for Flock Expansion

A new opportunity for sheep producers looking to expand their flocks is now available through the National Livestock Producers Association's (NLPA) Sheep and Goat Fund Committee. The Sheep and Goat Fund was established to assist the U.S. sheep and goat industries by strengthening and enhancing the production of marketing of sheep and goats and their products.

The purpose of the fund has been to assist in financing projects beyond the farm gate; however, this is the first time the fund has had the ability to make term loans to sheep producers for the purpose of flock expansion.

Up to $2 million of the Sheep and Goat Fund has been identified for qualified applicants to be used specifically for the purchase of breeding animals (ewes and rams). This new loan program is the result of a joint effort between NLPA and the American Sheep Industry Association (ASI) in the spirit of ASI's Let's Grow initiative.

More information about the program, including the application and an informative slideshow presentation, is available be at www.SheepandGoatFund.com or by contacting Scharee Atchison at 800-237-7193, ext. 10 or email at NLPA@NLPA.org.

Source:  ASI, June 28, 2013.

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