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Rabo Asks Bankruptcy Court for Subpoenas on Missing Cattle, Funds in Feedyard Collapse

Rabo Agrifinance is accusing the business surrounding a Kentucky cattle producer who died in April and his two Texas feedyards of engaging in a fraud that drained its bank accounts and cleared out tens of thousands of cattle from the feedyards, leaving Rabo with roughly $50.6 million in unpaid loans. The operation s collapse may have affected dozens of other cattle producers as well.

J R Simplot Faces $120M in Fines for Running Idaho Feedlot Without Permit

J.R. Simplot was sued by environmentalists for discharging manure into the Snake River from the company s Grand View, Idaho, feedlot. The lawsuit filed in a federal court in Idaho alleges the 150,000-head feedlot has not had a permit to discharge since 2012.

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