North Dakota Natural Beef Collapse Leaves Suppliers With A Loss

JAMESTOWN, N.D. — Gayne Gasal says he’s “more than ticked” that he’s taking a $65,000 loss on the failure of North Dakota Natural Beef LLC, the company once entwined with North American Bison Cooperative LLC of New Rockford, N.D.

Since the collapse of NDNB, in Fargo, N.D., the Gasal family has been taking its natural beef to markets in Omaha, Neb., and Colorado. Gasal had hired a lawyer to look into the issue, but says he may just take a loss on his taxes and forget it.

“This might be a good year to write it off,” Gasal says.

NDNB was a plant built to handle meat processing and packing work for both companies. NABC was a major shareholder in the defunct company.

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