Grain producers to vote on statewide indemnity fund
U.S. Rep. Henry Cuellar (left) visits with Texas Farm Bureau District 12 Director Russell Boening prior to the Oct. 18 Wilson County Farm Bureau Convention. See wilsoncountynews.com for video of Boening explaining the upcoming Texas Grain Producers Indemnity referendum to begin Nov. 19.
Wilson County News October 31, 2012 3706 views 1 comment
FLORESVILLE -- Anyone involved in the agriculture industry knows the risks involved in production, especially with the 2012 drought that has dominated the Corn Belt region of the United States. Farmers contend with Mother Nature and wait for months to get paid for their grain or livestock products. But what happens when the grain elevator the farmers sent their grain to goes bankrupt and the farmers get nothing for their product? Producers faced with this scenario will have an opportunity to protect their financial interests through the establishment of a grain indemnity fund. . . .