First they deny them opportunity to sell product by going the extra mile, then degrade them by releasing reports of their financial situation. :roll:
GIPSA Alleges Creekstone Farms Premium Beef, LLC Violated the Packers and Stockyards Act
WASHINGTON, April 11, 2008 - The U.S. Department of Agriculture's Grain Inspection, Packers and Stockyards Administration (GIPSA) has found evidence that Creekstone Farms Premium Beef, LLC (Creekstone), Arkansas City, Kansas, continued to engage in business as a packer when its current liabilities exceeded its current assets.
On April 7, 2008, GIPSA filed a complaint against Creekstone. If the allegations are admitted, or proven in an oral hearing, Creekstone may be ordered to cease and desist from violating the Packers and Stockyards (P&S) Act and assessed a civil penalty.
As a packer, Creekstone is engaged in the business of buying livestock in commerce for slaughter and manufacturing or preparing meat and meat food products for sale or shipment in commerce.
The P&S Act is a fair trade practice and payment protection law that promotes fair and competitive marketing environments for the livestock, meat, and poultry industries.
GIPSA Alleges Creekstone Farms Premium Beef, LLC Violated the Packers and Stockyards Act
WASHINGTON, April 11, 2008 - The U.S. Department of Agriculture's Grain Inspection, Packers and Stockyards Administration (GIPSA) has found evidence that Creekstone Farms Premium Beef, LLC (Creekstone), Arkansas City, Kansas, continued to engage in business as a packer when its current liabilities exceeded its current assets.
On April 7, 2008, GIPSA filed a complaint against Creekstone. If the allegations are admitted, or proven in an oral hearing, Creekstone may be ordered to cease and desist from violating the Packers and Stockyards (P&S) Act and assessed a civil penalty.
As a packer, Creekstone is engaged in the business of buying livestock in commerce for slaughter and manufacturing or preparing meat and meat food products for sale or shipment in commerce.
The P&S Act is a fair trade practice and payment protection law that promotes fair and competitive marketing environments for the livestock, meat, and poultry industries.