Since 1991, the Picture Butte Feeder Cooperative has been providing a cost effective alternative to cattle producers wishing to finance the backgrounding and finishing of animals in Southern Alberta. Located in the heart of Feedlot Alley, PBFC is governed by local farmers, feeders and experienced industry bankers.
A feeder coop is a producer-owned cooperative that helps Alberta farmers finance the purchase and feeding of cattle (and sheep). Producers combine their resources, alongside the Alberta government and lending institutions, to create economical ways of financing feeder cattle. The main purpose is to give producers, especially young farmers and new entrants who lack a big equity base, affordable access to capital in a very capital-intensive business.
What is a Feeder Coop?
Who is the FAA?
The FAA is the “umbrella” organization for local feeder association coops and is government’s key partner in delivering the program. In practice, it represents the local coops, and Government of Alberta staff work closely with it in developing and enforcing proper risk management policies and procedures. It also offers an optional livestock indemnity program that “pools” livestock mortality risk among cooperating associations.
