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BK Commodities Fined for Lacking South Dakota Grain License

Nebraska trucking brokerage agrees to pay $2,000 penalty

PIXABAY
PIXABAY

A trucking brokerage based in Minden, Neb., has agreed to pay a $2,000 penalty for purchasing grain in South Dakota without a South Dakota license.

BK Commodities did have a Nebraska grain-buying license at the time, co-owner Kirk Frecks told the South Dakota Public Utilities Commission on Friday.

Several South Dakota-licensed entities reportedly told the commission’s grain-warehouse staff that BK Commodities was buying grain in South Dakota without a South Dakota license.

Cody Chambliss, the grain-warehouse program’s manager, contacted BK Commodities. The company stopped buying grain in South Dakota until after it was licensed and also agreed to a $2,000 fine.

According to the stipulation, BK Commodities purchased at least 30 truckloads in South Dakota prior to receiving the license September 21, 2021. The company could have faced penalties of $1,000 per load up to the maximum $20,000 in state law.

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