US beef producer sells cattle farms to raise investment capital

US beef producer sells cattle farms to raise investment capital

GlobalMeatNews.com

Minnesota-based Cargill has struck a deal to sell its last two cattle feeding yards to ethanol producer Green Plains for $36.7m, after offloading similar cattle farms to Friona Industries in 2016. The sale of the Colorado and Kansas cattle feed yards to Green Plains completes Cargill’s departure from cattle feed operations, highlighting its focus on meat processing.

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