Green Plains Inc. Tuesday announced the sale of its remaining 50 percent joint venture interest in Green Plains Cattle Company. The company sold its share of the venture to a group of investment funds that include AGR Partners and StepStone Group, among others, for approximately $80 million. Green Plains entered the cattle feeding industry in June 2014, with the purchase of Supreme Cattle Feeders, a 70,000-head feedyard in Kansas. Over the past six years, Green Plains Cattle Company grew to become the fourth-largest cattle feeder in the United States with a total capacity of more than 355,000 head of cattle across six feedlots in Colorado, Kansas and Texas. CEO Todd Becker stated the sale allows the company to “redeploy capital to support our long-term objective of building a technology-focused biorefining platform, producing sustainable, high-value, high-protein ingredients the market need.” Green Plains Inc. is a diversified commodity-processing business with operations that include corn processing, grain handling and storage and commodity marketing and logistics services.