Livestock farm carried out and gutted catfish (5)
I believe the answer is:
ranch
'livestock farm' is the definition.
(I've seen this in another clue)
'carried out and gutted catfish' is the wordplay.
'carried out' becomes 'ran' ('run' can be a synonym of 'carry'. I am not sure about the 'out' bit.).
'and' says to put letters next to each other.
'gutted' says to hollow out the word (remove centre letters) (to gut something is to remove its insides).
'catfish' with its middle taken out is 'ch'.
'ran'+'ch'='RANCH'
Can you help me to learn more?
(Other definitions for ranch that I've seen before include "Stock farm in US, Aus." , "American cattle farm" , "Where to keep stock" , "pastoral scheme" , "US establishment for livestock" .)