Bartlett & Co. Exits Cattle Feeding
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., reports Ag 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.