Agriculture and Irrigation Minister RJ Sigurdson has announced an increase in the lending limit on the Feeder Associations Loan Guarantee Program (FALGP).

Locally owned feeder associations utilize the program for low-interest financing backed by a government guarantee. Through the program feeder associations help livestock producers get financing to buy animals and grow their herds.

Producer, Dustin Lamb says the program played a huge part in his decision to return to the family farm and will be instrumental in keeping it going.

"With cattle prices as high as they are right now, an increase to the program is critical. Getting this increase will be absolutely huge. Access to capital is incredibly important and helps producers, like myself, to grow and thrive."

The previous FALGP had cap

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