Exclusive to PGG Wrightson, Defer-a-Stag provides easy deferred payment option for farmers awaiting delayed payment for annual velvet harvest. 

Deer farmers facing a cash flow crunch now have a ready solution: PGG Wrightson’s Defer-a-Stag. With the stag sale season under way, many have not yet received payments for their annual velvet harvest. Typically, farmers would use these payments to purchase stags. This year however, with velvet sales delayed in key markets, many are under financial pressure and lacking cash flow.

To meet this challenge, PGG Wrightson is offering Defer-a-Stag, a short-term, convenient, deferred payment option using the same formula as the company’s Defer-a-Bull initiative, which has successfully supported dairy farmers for several years. With Defer-a-Stag, PGG Wrightson pays for red stags or elk bulls on behalf of the farmer, who takes immediate possession, with no need to pay for up to six months, and interest payable in full on the final payment date.

Tony Cochrane, PGG Wrightson National Deer and Velvet Manager, says Defer-a-Stag came about following deer industry feedback.

“Our deer farmer clients expressed a clear need for a practical, short-term solution. By enabling farmers to purchase breeding stags without immediate financial outlay, we’re helping them maintain productivity and plan confidently for the future.”

Defer-a-Stag is designed for buyers of terminal sires and commercial venison and velvet sires, rather than top end velvet or trophy stags. Eligibility requires pre-approval and a PGG Wrightson account, with stag purchases facilitated through a PGG Wrightson livestock representative. Defer-a-Stag has a per stag maximum deferred purchase value of $10,000 plus GST, with purchasers limited to no more than four stags across all contracts.

For more information contact your PGG Wrightson Deer representative today.