One trend that has had a clear influence on the business environment for Australian livestock producers and agencies in recent years has been the rise of standalone livestock finance facilities.
Not so long ago, farmers looking to buy more livestock to capitalise on a feed boost after rain were typically limited in what they could purchase by the room left in their overdraft.
If their overdraft was already ‘tapped out’, producers had to rely on others with livestock, or with money to buy trading stock, to generate revenue by selling off their feed.
But in recent years a lot has…