Falk Seed Farm owner Jim Falk testified before the Minnesota House Agriculture Committee in favor of the grain indemnity fund. Falk, who is based at Murdock, said this fund would protect farmers from fraud and default. “Unfortunately, we’ve seen time and time again that elevators collapse leaving farmers holding the bag. We’ve had Porter go down in 2015, Ashby in 2018, Karlstad in 2019, and now in the past year it was Pipeline Foods. It should be obvious to everyone on this committee that the current law does little to protect farmers.” The indemnity fund is part of the supplemental budget request, which has been laid over for consideration by the entire committee.
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