O'Neill Production Credit Ass'n v. Schnoor

The instant appeal presents to the court a question of first impression involving the issue of whether cattle may be included within the meaning of crops as set out in Neb. Rev. Stat. § 52-901 (Reissue 1978). If cattle are considered crops, we are further asked to decide whether a petroleum products lien has priority over a previously filed security agreement covering the same cattle.

The trial court found that cattle are included within the meaning of the word “crops,” but that the petroleum products lien does not have priority over a properly filed financing statement. There are a number of…