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Short On Cattle, Long On Losses: Easterday Had An Alleged Habit Of Big-Money Trading

2020 - $34 million loss “In the classic theory of gambling addiction there is a winning phase and losing phase and a desperation phase,” says Keith Whyte, executive director of the National Council on Problem Gambling. He says those listed losses follow a pattern that he’s seen many times. Whyte says he’s not trying to diagnose someone he’s never met.  “...but when you see that classic pattern of wins, and then losses and then desperation, which often leads to extreme losses, that ...
United States Montana State University Cody Easterday Keith Whyte Eric Belasco Dan Norcini

Easterday Dairy moving forward despite company's trouble

BOARDMAN — Plans to revive Oregon’s second-largest dairy remain unchanged, despite the new owners — a prominent farm family based in Southeast Washington — facing allegations of fraud by Tyson Foods. Easterday Farms purchased the dairy, formerly Lost Valley Farm, in 2019. The family registered a new business in Oregon, called Easterday Dairy LLC, which is now seeking state approval to reopen the dairy in rural Morrow County with up to 28,300 total cattle. But Oregon regulato...
Lost Valley United States Morrow County Andrea Cantu Schomas Cole Easterday Cody Easterday

Easterday Ranches files bankruptcy after Tyson sues over non-existent cattle

For Tri-State Livestock News At the end of January, Tyson Fresh Meats filed a lawsuit against one of the largest farming and ranching families in Washington, Easterday Ranches, in an effort to recover losses from fictitious fed cattle sales and feed costs. Additionally, Tyson was hoping to recover 54,000 head of cattle still standing in an Easterday feedlot north of Pasco, Wash. The lawsuit was filed in Franklin County Superior Court in Pasco. On Feb. 1, days after Tyson sued Easterday Ranches,...
Franklin County United States Snake River Craiga Barbarosh Thomas Sanders Patrick Patino

Easterday Ranches files bankruptcy after Tyson sues over non-existent cattle

By Mackenzie Johnston, Reporter At the end of January, Tyson Fresh Meats filed a lawsuit against one of the largest farming and ranching families in Washington, Easterday Ranches, in an effort to recover losses from fictitious fed cattle sales and feed costs. Additionally, Tyson was hoping to recover 54,000 head of cattle still standing in an Easterday feedlot north of Pasco, Washington. The lawsuit was filed in Franklin County Superior Court in Pasco. On February 1, days after Tyson sued Easte...
Franklin County United States Maricopa County Snake River Cody Easterday Patrick Patino
Source: tsln.com

Eastern WA 'Cattlegate' Continues: Bankruptcy Complicates Creditors' Claims To Easterday Empire

Courtesy of Easterday Farms public Facebook page Updated Monday, Feb. 8, 2021, 5 p.m. PT The Easterday family spread unfurls across the Columbia Basin — yawning onion farms, massive potato sheds, huge swaths of ground cut into pens for cattle and a fleet of employee vehicles and tractors.  But the Easterday family has other assets: A million-dollar house in Phoenix and a private plane and hangar.  Since December, Easterday Ranches has been embroiled in an alleged scandalous cattle rustlin...
Franklin County United States Columbia River North Broadway Benton County Morrow County

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Legendary Pasco Ranchers File Chapter 11 After Fraud Suit Filed

Legendary Pasco Ranchers File Chapter 11 After Fraud Suit Filed The issue began over a week ago, when Tyson Foods Inc. sued the Easterday Ranches operation, claiming they were defrauded over $225 million. The suit claimed Easterday Ranches, based out of Pasco, had bought, fed and cared for and provided over 200,000 head of cattle that "never existed." Easterday has been a Mid-Columbia farming-ranching institution for decades. Now this week, on Monday, Easterday has filed for Chapter 11 bankrupt...
United States Cody Easterday Easterday Farms Inc Tyson Foods Inc Washington Trust Bank Tyson Foods

Tyson Foods Files $225M Lawsuit Over Nonexistent Cattle

Send Tyson Foods Inc. of Springdale filed suit against one of its beef suppliers, alleging that the vendor schemed the company out of $225 million by falsifying its cattle inventory. Want the Full Article? Readers must pay to access articles older than 15 days. Articles newer than 15 days are not included in this offer. Purchase Now
United States Franklin County State Of Washington South Dakota Cody Easterday Tyson Foods

Requiem for a mega-dairy: Bills seek moratorium on supersize dairy farms in Oregon

SALEM — State lawmakers will once again consider a moratorium on mega-dairies after the spectacular failure of a 30,000-cow operation in Eastern Oregon. A coalition of environmental and animal welfare groups backing the proposal argues mega-dairies should be regulated like other heavy industry and that, until they are, Oregon should stop permitting them. “I think that if mega-dairies had to comply with the environmental laws that all the other industries have to, they would not be as ...
United States Lost Valley Rob Nosse Michael Dembrow Van Saun Cody Easterday

Paper Rustling: Major Washington Cattle Operator Allegedly 'Fed' 200K Cattle That Didn't Exist

Courtesy of Franklin County, Wash. It’s a modern-day rustling case.  A major Washington state cattle operator allegedly “fed” more than 200,000 head of cattle that didn’t exist for years. Now Tyson Fresh Meats, Inc is suing.  Tyson says in a lawsuit filed in Franklin County Superior Court this week that its losses are more than $225 million. The losses are from false cattle sales and feed costs.   “In an effort to ensure the orderly recovery of assets in the aftermath of a fraud...
District Of Columbia United States Dakota City South Dakota Dakota Dunes Franklin County

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