NDA schedules additional informational workshops on grain contracting
The Nebraska Department of Agriculture has scheduled two additional workshops for Nebraska farmers to learn more about their obligations under forward contracts for grain.
Workshops will be held on Jan. 6, in Central City and Ord. The Central City workshop will begin at 9:30 a.m., and will be held at the Central City Community Room at 1515 17th Street. The Ord workshop will begin at 2 p.m., and will be held at the First United Methodist Fellowship Hall at 304 South 16th Street.
Director Greg Ibach said NDA has scheduled the additional meeting because of the large turnout of producers at the Albion workshop earlier this month. The purpose of the workshop is to help sellers of grain understand more about the contracting process, particularly given the current market climate within the corn and ethanol markets. The workshops are being coordinated through NDA's Farm Mediation Program. A program attorney will be on hand to discuss sellers' rights under grain contracting, and how those rights may be affected by bankruptcy.
Ibach said farmers with VeraSun Ethanol grain contracts may have an interest in this workshop, but the information that will be shared also should be valuable to anyone who forward contracts grain.
The NDA Farm Mediation Program conducts monthly informational workshops in several Nebraska communities, covering topics such as farm finances; the laws, regulations, and policies governing the Farm Service Agency; debt restructuring, and other legal options. More information about the Mediation Program can be found at www.agr.ne.gov.
Preregistration for the workshops is not required, but is encouraged in order to help organizers plan for the event. Individuals who plan to attend are asked to call the NDA Mediation phone line at 800-446-4071.