The Minnesota Department of Agriculture received notice from the Karlstad Farmers Elevator that their doors are closing. Therefore, MDA is advising farmers who have not received payment or had grain stored at the elevator to file a bond claim.
The elevator holds a $70,000 bond with the Department to help mitigate losses upon closure. Supportive documents such as scale tickets, purchase agreements, contracts and warehouse receipts should be included. The MDA will review all submitted claims, and the deadline is dependent on the date of non-payment.
