Cargill sells its feedlots in Texas
Cargill is selling its two Texas cattle feedlots as it continues to redefine its protein businesses. It is Cargill’s latest in a series of divestments in businesses with low margins, specifically those in meat. A year ago, Cargill sold its entire pork business to JBS USA Pork for $1.45 billion, a deal that combined two of the country’s largest pork processors. [node:read-more:link]