National Livestock Credit Corporation

What National Livestock Credit Corporation does

National Livestock Credit Corporation is a privately held Oklahoma City–based cooperative financing entity founded in 1931, operating from inside the Oklahoma National Stockyards at 2501 Exchange Avenue. It provides fee-free livestock financing to U.S. cattle producers, organized into three loan products: Feedlot Financing (annually renewable lines of credit or lot-by-lot pen loans, with interest collected as each pen is sold), Stocker Financing (one-year terms with interest due on cattle sale and on-demand operating-expense access), and Cow/Calf Financing (one-year renewable terms where calves need not be sold to service interest). Loan officers are described as cattle-industry specialists, and onboarding is conducted via direct sales outreach, phone, email, and DocuSign-powered secure file transfer.

The entity is part of a broader National Livestock cooperative that bundles financing with cattle marketing and order buying. The affiliated National Livestock Commission Association runs weekly auction sales at the Oklahoma National Stockyards (Mondays for calves and yearlings, Tuesdays for cows, bulls, and pairs), supported by live-streamed viewing and value-added vaccination-program partnerships (Zoetis SelectVac, Merck PrimeVAC, Boehringer Ingelheim Market Ready, GAP Beef Standards, BQA, OQBN, Angus Link, VitaFerm). The affiliated National Feeder Service provides order-buying capabilities to source cattle for buyers. The revenue model combines interest income on the loan portfolio (no fees on wire transfers, checks, or filing) with auction commission fees on cattle sold at the stockyards.

The company operates with 1–10 employees, no disclosed outside funding, no parent company, and no public listing. Its technology footprint is limited to a customer portal, email/SMS subscriber channels, and Barchart-sourced market data; no proprietary software platform, AI capabilities, or patent portfolio is identified. The cooperative structure is positioned as a differentiator — every team member is described as aligned with the long-term success of customers and the broader cattle industry — and the organization emphasizes competitive rates and tailored financing as alternatives to generic commercial bank policies.

Name

National Livestock Credit Corporation

Legal name

National Livestock Credit Corporation

Website

https://nationallivestock.com

Company type

Private

Founded year

1931

Operating status

Operating

Headcount range

1–10 employees

Short description

National Livestock Credit Corporation is an Oklahoma City cooperative, founded in 1931, that provides fee-free cattle financing (feedlot, stocker, cow/calf loans) to U.S. producers, feeders, and ranchers from inside the Oklahoma National Stockyards, alongside affiliated auction and order-buying services.

Ownership category

akta.pro rank

Headquarters

HQ city

Oklahoma City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure

Revenue model

1. Livestock Financing: The corporation provides financing for cattle operations including feedlot financing, stocker financing, and cow/calf financing. Revenue is generated through interest on loans with competitive rates and no fees for services such as wire transfers, checks, and filing fees. Interest collection varies by product: feedlot cattle interest is collected as each pen is sold, while stocker and cow/calf loans have interest collected when cattle are sold or annually.
2. Auction Commission: National Livestock Commission Association (affiliated entity) generates revenue through commission fees on cattle sold via auction at Oklahoma National Stockyards. Weekly auctions occur on Mondays for calves and yearlings, and Tuesdays for cows, bulls, and pairs.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

National Livestock Credit Corporation provides specialized financing for cattle operations, offering feedlot financing (annually renewable lines of credit and lot-by-lot loans), stocker financing (one-year terms with interest collected upon cattle sale), and cow/calf financing (one-year renewable terms). The organization operates as part of the National Livestock cooperative alongside the National Livestock Commission Association (auction-based cattle marketing at Oklahoma National Stockyards) and National Feeder Service (order buying), delivering a complete suite of cattle marketing, risk management, order buying, and financing services with fee-free loan services and competitive rates tailored to the cattle industry.

Product overview

National Livestock operates as a cattle industry cooperative offering a unified portfolio of cattle marketing, risk management, and financing services. The core offerings include National Livestock Commission Association for auction-based cattle marketing at Oklahoma National Stockyards, National Feeder Service for order buying, and National Livestock Credit Corporation for financing solutions. The financing arm provides three specialized loan products: Feedlot Financing for cattle feeders (with annually renewable lines of credit or lot-by-lot pen financing), Stocker Financing for stocker producers, and Cow/Calf Financing for cow/calf operations. Additional services include DocuSign-powered Secure File Transfer for loan document submission. The company also provides USDA market reports and risk management support through its marketing division.

Differentiator

Problem solved

Functional benefit

Products and services

• Feedlot Financing Financing for cattle feedlot operators offering two structures: annually renewable lines of credit for feeders who also run stocker cattle or cows, and lot-by-lot loans for those financing cattle with feedyards. Features include fee-free services, competitive rates, flexible cash equity per head, and interest collected as each pen of cattle is sold.
• Stocker Financing Financing for stocker producers raising weaned calves on pasture or in dry lots, with one-year loan terms, interest collected when cattle are sold, and on-demand access to loan funds for operating expenses. VISA purchase cards and fuel cards are available for customer use.
• Cow/Calf Financing Financing for ranchers maintaining cow herds and raising calves, with one-year annually renewable loan terms and monthly detailed loan statements. Calves do not need to be sold to meet interest payments, providing operational flexibility.
• Cattle Auction Sales at Oklahoma National Stockyards Weekly cattle auction services operated by the affiliated National Livestock Commission Association at Oklahoma National Stockyards, with Monday sales for calves and yearlings and Tuesday sales for cows, bulls, and pairs. Live sale streaming is available online.
• National Feeder Service (Order Buying) Order buying service operated by the affiliated National Feeder Service that helps buyers source cattle to match their exact specifications, providing an additional channel for cattle procurement beyond financing.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Zoetis – SelectVaccoreGTM or Marketing PartnerSelectVac is a vaccination program offered by Zoetis that qualifies cattle for value-added status when sold at Oklahoma National Stockyards auctions. National Livestock can sell cattle enrolled in this program with the vaccination status announced during the auction ring.
• Merck Animal Health – PrimeVACcoreGTM or Marketing PartnerPrimeVAC is Merck's cattle vaccination program that provides value-added marketing opportunities for producers selling through Oklahoma National Stockyards. National Livestock facilitates sales of PrimeVAC-enrolled cattle.
• Boehringer Ingelheim – Market ReadycoreGTM or Marketing PartnerMarket Ready program by Boehringer Ingelheim enables cattle to be marketed with verified health status. National Livestock sells Market Ready cattle through its Oklahoma National Stockyards auctions.
• Global Animal Partnership (GAP) – Beef StandardsminorGTM or Marketing PartnerGAP Beef Standards provide third-party certification for beef production practices. National Livestock can sell GAP-certified cattle with certification announced during auction.
• Beef Quality Assurance (BQA)minorGTM or Marketing PartnerBQA is a nationally coordinated, state-implemented certification program for beef cattle producers. National Livestock supports BQA-certified producers through auction sales.
• Oklahoma Quality Beef Network (OQBN)minorGTM or Marketing PartnerOQBN provides value-added vaccination programs for Oklahoma beef producers. National Livestock sells OQBN-enrolled cattle at Oklahoma National Stockyards.
• American Angus Association – Angus LinkminorGTM or Marketing PartnerAngus Link provides value-added marketing programs for Angus and Angus-influenced cattle. National Livestock facilitates sales of Angus Link-enrolled cattle through its auction system.
• VitaFermminorGTM or Marketing PartnerVitaFerm Superior 2 program provides nutritional supplementation protocols for value-added cattle marketing. National Livestock sells VitaFerm-enrolled cattle through its auction.

Scale indicators2 records

Expansion highlights4 records

Broad incumbents

• Cargill: Major global agribusiness with extensive cattle operations and supplier financing programs touching beef producers. Comparable as a broad incumbent in the cattle value chain rather than a direct financing competitor.
• Tyson Foods: Largest US meat processor with significant cattle operations and cattle supplier financing programs. Comparable as broad incumbent with cattle industry exposure and supply-chain financing capabilities.
• JBS USA: One of the largest beef processors in North America with cattle procurement operations and supplier relationships. Comparable as broad incumbent in the beef/cattle value chain rather than a financing peer.

Direct peers

• Farm Credit Services of America: Farm Credit cooperative providing loans and financial services to farmers and ranchers across the Midwest, including cattle producers. Shares the cooperative agricultural lending model and cattle financing focus with NLCC.
• Superior Livestock Auction: Major cattle auction company operating across the western US with significant market share. Direct competitor to Oklahoma National Stockyards in cattle marketing, auction, and order buying services.
• Capital Farm Credit: Texas-based Farm Credit cooperative providing financing to agricultural producers including cattle ranchers and operators. Direct competitor in cooperative agricultural lending serving the cattle value chain.
• Compeer Financial: Farm Credit cooperative serving Midwest agricultural producers with lending and financial services. Comparable peer in cooperative agricultural financing serving crop and livestock producers.
• Western Video Market: Cattle auction company operating video and internet-based auctions across the western US. Direct competitor to Oklahoma National Stockyards in cattle marketing services and auction infrastructure.
• Live Oak Bank: Specialty agricultural bank focused on loans to farmers and ranchers, with active livestock and cattle financing programs. Direct peer in the cattle industry lending space with similar customer focus.

Others

• CME Group: Futures exchange operator where live cattle and feeder cattle futures are traded, providing risk management tools referenced by NLCC's website and customers. Comparable as an ecosystem enabler for cattle marketing and risk management rather than a direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Livestock Credit Corporation