North Dakota PSC Plans Insolvency Actions Against Grain-Related Companies
Agency received reports of bounced checks from Midwest Grain Trading and NoDak Grain
North Dakota Public Service Commission officials plan insolvency actions against two grain-related marketing companies in Devils Lake after reports of bounced checks reports the Grand Forks Herald.
Konrad Crockford, PSC director of compliance, on Nov. 15 verified that investigators from the state agency were in the offices of Midwest Grain Trading of Devils Lake, and NoDak Grain, a company with facilities at the former villages of Rohrville and Tunbridge, a location near Rugby. The companies are operated by Hunter Hanson.
Crockford said the investigation and probable action were prompted by complaints from numerous farmers and elevators.