BISMARCK, N.D. — With three active insolvency proceedings being administered by the North Dakota Public Service Commission, and another North Dakota grain elevator in dire straits, it seems a good time to revisit some of the basic laws related to grain elevator and buyer insolvencies. While the laws related to these insolvencies can be complex, there are a few basic issues that farmers should be aware of.
On a normal mid-June day in the Upper Midwest, many farmers apply chemicals to their crops or take a first cutting of alfalfa.
But a recent Agweek trip through parts of Benson, Pierce and Bottineau counties in north-central North Dakota didn’t take place on a normal mid-June day. The day of the trip provided the worst possible weather to spray crops or cut alfalfa: rain clouds filled the sky, temperatures fell south of 50 degrees and a stiff, cold wind shook even the stoutest evergreens in shelterbelts.
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