When Anderson Seed went out of business last year, it not only resulted in farmers losing $2.6 million, but brought into question the legality of long-held grain-buying practices.
Simplified, the case relates to the practice of verbal agreements.
The state Public Utilities Commission will discuss the issue at its meeting at 1 p.m. today at the Capitol in Pierre.
FARGO, N.D. — As of Feb. 23, the North Dakota Public Utilities Commission had not moved to change the brokerage status of Anderson Seed Co., a Mentor, Minn.-based sunflower company whose assets have been sold in the wake of nonpayment reports.
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