Large farm,ranch, feedlot enterprise sells out

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elkwc

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The Hitch enterprise in the Oklahoma Panhandle sold out. A few years ago they had 3 large lots, over ten thousand acres of farm ground, ranch ground, cattle buying services and a large hog feeding operation. Sold the hog operation a few years ago. Was formed in the 1880's. Understand some bad decisions caused the sellout. Sold everything but a few houses. Hate too see the long time operations sell out.
 
With high prices (profit and expenses) it can be extremely easy to to have a bad decision snowball and end a legacy.
From what I've been told that is what happened. One manager made a bad decision. Then it snowballed. These were large lots.
 

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