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Green Plains to acquire cattle feed yards from Cargill
Photo courtesy Kansas Livestock Association
Green Plains Inc., one of the nation’s largest ethanol producers, is expanding its cattle feeding business.
The company says its subsidiary, Green Plains Cattle Company, has agreed to acquire two cattle feeding operations from Cargill for 37 million dollars. The feed yards, located in Leoti, Kansas and Yuma, Colorado, will add capacity of 155-thousand head to the company’s operations. The acquisition will make Green Plains Cattle Company the fourth largest cattle-feeding operation in the U.S. with total capacity of more than 255-thousand head.
Green Plains Cattle Company currently owns a 70,000 head cattle-feeding operation near Kismet, Kansas and a 30,000 head operation near Hereford, Texas.
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