For Immediate Release
PSC Temporarily Suspends Grain Dealer License
for Pipeline Foods, LLC
Lincoln, August 11, 2021 – The Nebraska Public Service Commission
has issued an Order (GDC-445/GD-3022) temporarily suspending the
Grain Dealer License of Pipeline Foods, LLC, of Minneapolis, MN.,
for failure to include specific “Warning to Seller” language in violation
of the Grain Dealer Act (Neb. Rev. Stat § 75-901).
Per the Order, the omission of the “Warning to Seller” language on
grain purchase contracts issued by Pipeline Foods, LLC., fails to provide
Nebraska producers notification of the procedures that must be followed
in order to have recourse to a licensed grain dealer’s security.
“We have some serious questions about this grain dealer’s ability to
operate as a business in Nebraska,” said Commission chair Dan
Watermeier. “We feel that the public good requires us to take action and
issue the license suspension.”
Under the temporary suspension, Pipeline Foods, LLC cannot act as a
grain dealer within the state of Nebraska until the resolution of the
complaint (GDC-445/GD-3022). As such Pipeline Foods, LLC., may not
undertake any action that would classify it as a grain dealer, including,
but not limited to, buying grain from Nebraska producers/sellers with the
intent to sell such grain.
Commissioner Watermeier said, “It is important as we approach harvest
season that our producers/sellers are aware of this license suspension.”
Pipeline Foods, LLC., has 20-days in which to file a response to the
Commission’s complaint. ###
Deb Collins- Media & Communications Mgr.