is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

  • American Agriculturist
  • Beef Producer
  • Corn and Soybean Digest
  • Dakota Farmer
  • Delta Farm Press
  • Farm Futures
  • Farm Industry news
  • Indiana Prairie Farmer
  • Kansas Farmer
  • Michigan Farmer
  • Missouri Ruralist
  • Nebraska Farmer
  • Ohio Farmer
  • Prairie Farmer
  • Southeast Farm Press
  • Southwest Farm Press
  • The Farmer
  • Wallaces Farmer
  • Western Farm Press
  • Western Farmer Stockman
  • Wisconsin Agriculturist

Cotton variety tests show top yielders

Penalty increase request stems from grain warehouse failures. With a short crop in 2011, many elevators have chosen not to renew their state issued license.    

Stemming from the failure of several large grain warehouse operations over the past couple of years, TDA has proposed to increase the maximum penalty for non-compliance from $500 to $10,000 per incidence.

Citing a two-year-old request from the Sunset Commission to deter non-compliance, TDA is asking for comments on the proposed rule change prior to September 7th. As changes from the Grain Warehouse Task Force (including raising licensing fees; increasing minimum net worth to $200,000; having a reviewed financial statement, etc.) go into effect, many elevators have chosen with a short crop not to renew their state issued license.

Where there were 217 elevators being overseen by TDA this time last year, there are currently only 187 such facilities today. While most serious violations at an elevator center on the movement of grain to a “company position” without proper documentation or permission, the bulk of penalties come from bookkeeping violations. 



Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.