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Beresford, SD | Exactly. I just can't get my head around how a feedlot that holds 4K head could be short that many cattle! I can easily see the 6.7 mil mortgage that was filed....land, intermediate, and chattels.....that I can see. But, WOW 28k head short on the books! How! That's the equivalent of 34 million dollars short!...best guess. I guarantee this is the delayed aftermath of 2015, but damn there's got to be more to the story! Is he the fall guy for a bigger fish? The numbers just don't make sense!
Very good advise on your added comments. First Dakota is first in line as they have the mortgage filed! Many "investors" will be out everything!
Edited by carlsoncl 3/10/2019 22:04
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Trouble out west.
