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VeraSun Energy Bankruptcy Poses Perils for Farmers and Elevators |
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Written by: Roger McEowen, Leonard Dolezal Professor in Agricultural Law & Director of the ISU Center for Agricultural Law and Taxation, November 6, 2008
VeraSun Energy and its 24 subsidiaries filed Chapter 11 bankruptcy on October 31, 2008 in the United States Bankruptcy Court in Delaware. The bankruptcy filing raises numerous questions for farmers and grain elevators that have legal relationships with VeraSun. VeraSun operates 17 ethanol plants eight states: Indiana | Iowa | Michigan | Minnesota | Linden Reynolds | Albert City Charles City Dyersville Fort Dodge Hartley | Woodbury | Janesville Welcome | | Nebraska | North Dakota
| Ohio
| South Dakota | Albion Central City Ord | Hankinson
| Bloomingburg
| Aurora Marion | |
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Last Updated ( Nov 13, 2008 at 07:09 AM )
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2008 EXPO Registration Form |
Wednesday, December 10, 2008Hilton ColiseumIowa State University Ames, Iowa The 2008 Agribusiness EXPO & ICM Conference marks a milestone for AAI, our 15th Anniversary. Your attendance and support on the floor, at the luncheon and the auction are appreciated! The Agribusiness Expo presents a comprehensive collection of new and innovative products covering all facets of the agribusiness industry. A wide variety of exhibitors will be present for this year's Expo, held in Hilton Coliseum. Click here to view the agenda and registration materials for the 2008 EXPO. |
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Last Updated ( Nov 13, 2008 at 06:34 AM )
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Assessing the Financial Crisis and its Impact on Agriculture |
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By Mike Boehlje and Chris Hurt
Agriculture has been on a roll in recent years. Record high grain prices stimulated record high incomes and surging land values increased wealth. Crop producers overall were doing well as the prices of their crops outpaced rising input costs. Agribusinesses that provided cropping inputs have generally benefited as well. But the current financial crisis has been a hard and swift change for crop farmers. In just 14 trading days between September 26 and October 16, futures prices for corn lost 30%, soybeans 26%, and wheat 23%. Ethanol prices-a critical market for corn-fell by 24% during that period. To read the entire article Assessing the Financial Crisis and its Impact on Agriculture click here. |
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Last Updated ( Nov 07, 2008 at 06:58 AM )
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