FOR IMMEDIATE RELEASE
PSC TEMPORARILY SUSPENDS GRAIN DEALER LICENSE
SETS HEARING DATE
Lincoln, June 7, 2022 – The Nebraska Public Service
Commission (PSC) issued an Order (GDC-448/GD-3021)
temporarily suspending the grain dealer license of
Mercaris Corporation, Silver Spring, Maryland, and
scheduled a show cause hearing (GDC-448/GD-3031)
for Wednesday, August 3, 2022.
The PSC grain department complaint alleges Mercaris
Corporation is in violation of title 291Neb. Admin. Code,
Chapter 8 § 003.03 for failing to meet, maintain a minimum
allowable net worth of $10,000.
“We’ve given this grain dealer ample opportunity to bring
itself into compliance,” said Commission Chair Dan
Watermeier. “Despite our efforts they have failed to take
the necessary action needed to do so.”
A hearing scheduled for August 3, will provide the Silver
Spring, Maryland company the opportunity to show cause
as to why it should not lose its grain dealer license and be
assessed civil penalties for violation of Nebraska law.
Commissioner Watermeier said, “At this time, we don’t
believe the company has any outstanding contracts with
Nebraska producers. Temporarily suspending their license
until the hearing will help to ensure they won’t be doing
business in our state.” ###
Contact:
Deb Collins- Media & Communications Mgr.
(402) 471-0226
deb.collins@nebraska.gov
