JBS USA plans to sell Five Rivers Cattle Feeding to Pinnacle Asset Management, L.P., for approximately $200 million. Pinnacle Asset, an investment firm specializing in commodities and natural resources, made the announcement on Jan. 17 in a press release. Five Rivers Cattle Feeding includes 11 feedlots and has a total feeding capacity estimated at 980,000 head of cattle, making it the largest cattle feeder in the world. The feeding operation has yards in Arizona, Colorado, Idaho, Kansas, Oklahoma and Texas. Read more…
Recent Posts
2023 Cattle Raisers Roundup attendees announced by Texas & Southwestern Cattle Raisers Association
Texas & Southwestern Cattle Raisers Association (TSCRA) selected 24 young beef industry leaders …
Texas direct hay report for June 2
Compared to the last report: Hay prices continue to remain firm in all regions. First cutting of …
Texas, Oklahoma weekly livestock auction summaries for June 2
Texas Compared to last week: Feeder steers and heifers sold mostly steady to 5.00 higher. Trade …
Continue Reading about Texas, Oklahoma weekly livestock auction summaries for June 2