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VeraSun Energy Bankruptcy Poses Perils for Farmers and Elevators

ImageWritten 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

 NebraskaNorth Dakota
Ohio

South Dakota

 Albion
Central City
Ord
Hankinson
Bloomingburg

Aurora
Marion

Last Updated ( Nov 13, 2008 at 07:09 AM )
Read more...
2008 EXPO Registration Form
Image Wednesday, December 10, 2008
Hilton Coliseum
Iowa 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.

Last Updated ( Nov 13, 2008 at 06:34 AM )
Assessing the Financial Crisis and its Impact on Agriculture

ImageBy 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.

Last Updated ( Nov 07, 2008 at 06:58 AM )
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AgVision is an industry leader in designing powerful and intuitive software for agribusiness. Our customers are grain elevators, seed processors, cooperatives, fertilizer retailers, feed stores, ethanol plants and tree nut handlers/processors.

Nearly 500 businesses nationwide are using our products and services. AgVision software operates on stand-alone PCs and client-server configurations over both conventional, wireless and Internet networks connecting single and multiple departments and locations.

Learn more at: www.dmi-agvision.com
EXPO Exhibitors
Accu-Steel Cover Buildings, Inc.
ADM Fertilizer
Advanced Biological
AGRI careers, Inc.
Agribusiness Association of Iowa
AGROTAIN INTERNATIONAL
Agsource Belmond Labs
Agtrax Technologies
AgVision Software for Agribusiness
Amity Technology LLC
Asmark
BASF
Bayer CropScience
Brokaw Supply Co
CHS Crop Nutrients
Davis Equipment Corporation
Des Moines Forage & Turf Seed
Doyle Equipment
Dow AgroSciences
Dultmeier Sales
Dupont Crop Protection
EBS/Holmes Murphy
EMD CropScience
Fertilizer Dealer Supply
Hagie Manufacturing Company
Heartland Ag, Inc.
Helena Chemical Company
Honkamp Krueger & Co., Inc
Iowa Certified Crop Advisers
Iowa Department of Agriculture
Iowa DOT
Iowa Soybean Assn.
John Deere
Junge Control, Inc.
Latham Seed Co.
Marcus Construction Company
Midwest Laboratories
Monsanto
MTVL, Inc
NACHURS Alpine Solutions
New Century Ag
New Leader
Northern Ag Suppliers, Inc
Potash Corp
Precision Laboratories, Inc.
Precision Technologies
Ranco Fertiservice, Inc.
R & R Contracting Inc
Ray-Man, Inc
Sqibb Taylor Inc.
Eldon C Stutsman Inc
Syngenta Crop Protection
The Mosaic Company
Timpte, Inc.
Twin State, Inc.
United Agri Products (UAP)
United Suppliers Inc
Union Iron Works
USDA National Agricultural Statistics Service
US Grain & Storage
Valent USA
Van Diest Supply Company
Vertical Software, Inc
Wells Fargo
Westheffer Company Inc
Wexford & James LLC
Winfield Solutions, LLC.
ZieglerCAT Ag Equipment
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