Will maintain focus on grain merchandising, flour milling and feed manufacturing
Green Plains Inc. is continuing to grow its cattle feeding segment with the purchase of Bartlett Cattle Co., reportsAg Professional.
Bartlett & Co., Kansas City, MO, agreed to sell its two feedlots to Green Plains Cattle Company for $16 million, plus working capital. Included in the transaction are Bartlett Cattle’s feedlots in Sublette, KS, and Tulia, TX, with a combined capacity of approximately 97,000 head.
The move effectively ends more than 30 years of cattle feeding for Bartlett & Co. which will continue to focus on its grain merchandising, flour milling and feed manufacturing.
US Corn Price Idx:ZCPAUS.CM
open: 7.625
high: 7.6814
low: 7.5749
close: 7.6562
US Soybean Price Idx:ZSPAUS.CM
open: 16.2749
high: 16.2899
low: 16.1229
close: 16.2173
US Hard Red Winter Wheat Price Idx:KEPAUS.CM
open: 11.1966
high: 11.2561
low: 10.9698
close: 11.0142
US Soft Red Winter Wheat Price Idx:ZWPAUS.CM
open: 10.5128
high: 10.5728
low: 10.3394
close: 10.3891
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