Cargill to sell remaining feedyards in Colorado, Kansas

Cargill has reached an agreement to sell its beef cattle feedyards at Leoti, Kan., and Yuma, Colo., to Omaha, Neb.-based Green Plains Inc., a vertically integrated ethanol producer with existing feedyards in Kismet, Kan., and Hereford, Texas. The transaction will be finalized once a definitive agreement and regulatory review are completed. A Cargill representative said the company is redeploying working capital to fuel additional protein business growth. Read more at Feedstuffs…