National Feeder Finance Corporation

National Feeder Finance Corporation (NFFC) was formed in 1931 in order to provide capitalization to livestock marketing cooperatives wanting to create livestock credit corporations to provide financing to livestock producers. Through the years, many of these credit corporations flourished and have been competitive sources of dependable credit for their borrowers.

In recent years, NFFC was recapitalized in order to place more direct control of the stock in the credit corporation in the hands of the livestock marketing cooperatives, and to enable those credit corporations to repurchase their stock if they desired. The redemption of this stock, and the money made available, has given National Feeder Finance Corporation the ability to again invest in their members, which has been one of the functions of the organization since its founding. The Board of Directors of NFFC is the same as that of the National Livestock Producers Association.