FOR IMMEDIATE RELEASE
PSC ISSUES HARVEST REMINDERS
Lincoln, August 29, 2024- With harvest season soon to get
underway, the Nebraska Public Service Commission (PSC)
reminds producers of the need to familiarize themselves
with Nebraska Grain Laws.
“Understanding the law and how it affects producers/sellers is
key to protecting assets,” said Terri Fritz, PSC Grain
Department Director.
Under the Grain Dealer Act if a producer/seller wants to
ensure their transactions with a licensed grain dealer are
covered by the grain dealer’s security posted with the PSC,
they must demand payment within 15 days of completion
of their contract with the dealer. Producers/sellers who
choose not to demand payment within 15 days after
completion of their contract will be unsecured creditors
of that dealer and forfeit any protection from the grain
dealer’s security.
Director Fritz said, “It's the responsibility of the producer/
seller to demand payment within a set timeframe to ensure
they are covered.”
Grain Warehouse operators are also reminded by the PSC of
the Emergency Storage Policy. In order to store grain on the
ground, an Emergency Storage application form, must be
filed with, and approved by the PSC.
A list of licensed Grain Dealers, along with the PSC
Emergency Storage 2024 memo and Emergency Storage
application form can be found on the Grain Department
page of the PSC website. ###
Contact:
Deb Collins- Communications & Media Mgr.
(402) 471-0226 / deb.collins@nebraska.gov
