Cargill sells feedlots, will rely on others to raise cattle

One of the world’s largest food processors, privately owned Cargill announced the sale of its two remaining feedlots, holding 155,000 head of cattle, to ethanol maker Green Plains. The transaction will make Green Plains the fourth-largest cattle feeder in the nation with a feedlot capacity of 255,000 head, said Drovers Cattle Network. The $36.7 million deal… » Read More

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