U.S. farmers and ranchers raise 20 percent of the world’s beef supply with just 7 percent of the world’s cattle. Beef cattle is a $29.6 billion industry in the U.S. and not only important as a food source. The beef community directly or indirectly accounts for more than 1.4 million jobs and the open space managed by cattle farmers and ranchers provides habitat for 75 percent of the nation’s wildlife. AgAmerica custom builds loan packages designed to address your cattle financing needs.
Cattle Industry Overview
In 2012, sales of cattle and calves in the United States totaled $76.4 billion
Every state raises and sells beef cattle, but the top five – Nebraska, Texas, South Dakota, Kansas, and Oklahoma – accounted for 43 percent of sales in 2012
91 percent of beef cattle operations were family or individually operated
More small family farms specialized in beef cattle than any other commodity
AgAmerica is the most trusted source of cattle ranch loans serving the cattle industry.
The solution: Our borrower needed to pay off debt and obtain working capital to purchase additional cattle for their ranch operation. The ranch had been under-grazed and with our loan, the borrower has been …