Observed arrival · 2026-11-13
Herdstake checks the paper trail behind cattle collateral
Herdstake offers agricultural lenders records-based screens that compare a borrower’s claimed cattle with feedyard permits, lien filings, buyer notices, and other public records.
- For
- Agricultural lenders screening cattle-backed loans
- Worth noticing
- Its mapped coverage lists 4,789 permitted sites across Texas, Kansas, and Nebraska, with open pens confirmed at 2,516.
Field notes
The lender submits a borrower, yard, and claimed head count; Herdstake says it checks permit records, lien filings, buyer notices, federal yard registration, and court records, then flags discrepancies with a next step. The site lists 4,789 permitted feeding sites across Texas, Kansas, and Nebraska, with open pens confirmed at 2,516. Records screens are available now; dated satellite head-count ranges are described as a Q1 2027 addition.
Observed signals
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Editorial observations of this landing page, not a rating.
One card from the complete issue