The provincial government is making changes to the Feeder Cattle Loan Guarantee Program.
The program give Ontario cattle farmers access to low interest loans to expand their business and remain competitive.
The changes include doubling total available guaranteed loans from 130 million to 260 million dollars.
A new option is being added for custom feeding to help new farmers grow their herds.
And the government says the program will be more flexible to allow more farmers to participate in accordance with their current business practices.
That increased loan cap is available now.
The other improvements will be in place by the fall.
Beef Farmers of Ontario President Matt Bowman says the program helps keep Ontario's beef farmers competitive in a growing and changing marketplace.
According to OMAFRA, there has never been a claim against the government guarantee in the 25 year history of the Feeder Cattle Loan Guarantee Program.
