GIPSA Paper Trail Short

GIPSA Paper Trail Short

Hoosier AG Today

  Eastern Livestock Company based in New Albany, Indiana owes 743 sellers in 30 states more than 130-million dollars for livestock the firm bought and sold. Now bankrupt, Eastern Livestock’s co-owner and past president of the National Cattlemen’s Beef Association, John Queen, says GIPSA’s failure to keep records or conduct consistent audits of Eastern Livestock led to serious financial devastation for many producers, truckers and livestock markets.

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