Incentive for cattle breeders
Pedigree cattle breeders are expected to take full advantage of a novel finance scheme operated by the Charolais and Limousin cattle societies this year.
Not unlike buying a new car, bull buyers can choose to spread their payments over a three-year period. Up to 80 buyers are expected to take up the finance package in 2011. "Buyers must be pre-approved and they can borrow up to €8,000 in our finance scheme," said Austin Finn of the Limousin Society.