Grain bond claims must be submitted by April 24, 2023



department of agriculture


*For Immediate Release*




*Contact:?*Brittany Raveill

651-201-6131

[email protected]




November 3, 2022

Previous Announcements [ [link removed] ]




________________________________________________________________________

MDA Advises Farmers with Ties to Global Processing Inc. to File Claims

Grain bond claims must be submitted by April 24, 2023

ST. PAUL, Minn. ? The Minnesota Department of Agriculture (MDA) is issuing an advisory to farmers who have conducted business with Global Processing Inc. based in Kanawha, IA and operating in Hope, MN. The company filed for Chapter 11 bankruptcy on October 24, 2022. Anyone who has not received payment for grain or who had grain stored with Global Processing Inc. is encouraged to submit a bond claim with the MDA.

The Hope facility, in accordance with the law, held a $50,000 bond with the MDA to help grain sellers and depositors mitigate any losses. To submit a claim, farmers will need to take the following steps:


* Complete a Grain Bond Proof of Claim Form [ [link removed] ]. This can be found at mda.state.mn.us/grain [ [link removed] ].
* Include supporting evidence. This is including but not limited to scale tickets, purchase agreements, purchase receipts, non-sufficient funds checks, contracts, warehouse receipts, assembly sheets, etc.
* Send in the form and supporting evidence by email to [email protected] or mail to:
Minnesota Department of Agriculture
Fruit, Vegetable & Grain Unit
625 North Robert St.
St Paul, MN 55155

Farmers should submit a claim as soon as possible. The deadline for claims is April 24, 2023.

The MDA will review all submitted claims, associated paperwork, internal documents, and records from inspector visits to determine which claims are valid. In the case of multiple valid claims, a pro-rated share will be calculated and dispersed.

Questions on grain bond claim process can be directed to Christine Mader at 651-201-6620 or [email protected], or Nick Milanowski at 651-201-6076 or [email protected].

###

Having trouble viewing this email? View it as a Web page [ [link removed] ].






Stay Connected with the?Minnesota Department of Agriculture: ? Facebook [ [link removed] ] Twitter [ [link removed] ] Youtube [ [link removed] ] Flickr [ [link removed] ] Flickr [ [link removed] ] Govdelivery [ [link removed] ] ?

SUBSCRIBER SERVICES:
Manage Subscriptions [ [link removed] ]??|??Unsubscribe All [ [link removed] ]??|??Help [ [link removed] ]



?

________________________________________________________________________

This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Minnesota Department of Agriculture ?625 Robert Street N ? Saint Paul, MN 55155 GovDelivery logo [ [link removed] ]


body .abe-column-block {min-height: 5px;} table.gd_combo_table img {margin-left:7px; margin-right:7px;} table.gd_combo_table div.govd_image_display img, table.gd_combo_table td.gd_combo_image_cell img {margin-left:0px; margin-right:0px;}