David Rings is a Kentucky farmer with about 200 head of certified Angus cattle. Last fall he sold seven steers to Eastern Livestock, one of the country’s biggest cattle brokers, for a total of $7,200. When Eastern’s check bounced, Rings discovered he was one of hundreds of sellers across 30 states who’d sold to the company, was out his money and was left with the distinct impression that something doesn’t smell right in cattle country.
November 19, 2020 08:23 PM
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