Cargill has reached an agreement to sell its beef cattle feed yards at Leoti, Kan., and Yuma, Colo., to Omaha-based Green Plains Inc., a vertically integrated ethanol producer with existing feed yards at Kismet, Kan., and Hereford, Texas. The transaction will be finalized once a definitive agreement and regulatory review are complete.
Green Plains will supply cattle to Cargill through a new multiyear agreement. The approximately 90 people currently employed at Cargill’s Colorado and Kansas feed yards will be offered positions with Green Plains. The feed yards being sold have a capacity of approximately 155,000 cattle at any point in time.