Owner Of Bankrupt Oregon Dairy Seeks Permission To Sell

SALEM, Ore. — The owner of a controversial Oregon dairy wants to sell the facility and cattle rather than immediately liquidate the herd as sought by a major creditor.

Greg te Velde, owner of Lost Valley Farm in Boardman, has asked a bankruptcy judge for permission hire a real estate broker to sell the dairy and nearly 7,300 acres for $95 million.

Roughly 8,750 milk and dry cows and 3,380 heifers would be listed for $14 million under the proposed agreement with Schuil & Associates, a brokerage firm specializing in agriculture.

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