Cargill to Exit from Cattle Feed BusinessCargill to Exit from Cattle Feed Business
April 26, 2017

Omaha, NE-based ethanol producer Green Plains Inc. will acquire Cargill’s two remaining cattle feed yards in Leoti, KS and Yuma, CO, signaling Cargill’s definitive exit from the cattle feed market.
“Selling our last two remaining feed yards aligns with our protein growth focus by allowing us to redeploy working capital away from cattle feeding operations to other investments,” said John Keating, president of Cargill’s protein business operations and supply chain, in a company press release.
Under the agreement, Green Plains will provide cattle to Cargill for a number of years.
“By partnering with Green Plains in a multiyear supply agreement, the Yuma and Leoti yards will continue to supply cattle to our beef processing facilities at Fort Morgan, CO and Dodge City, KS, ensuring consistent high-quality beef products for our customers,” said Keating.
90 people employed at Cargill’s cattle feed yards will be offered jobs with Green Plains, Cargill’s release said. The yards have a capacity of 155,000 cattle “at any point in time.”
Cargill said the transaction will be completed once a definitive agreement is signed and a regulatory review is carried out. Financial terms of the deal were not included in the release.
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