Market News

Hearing set for Iowa grain dealer under temporary suspension

A Keystone, Iowa graindealer and warehouse operator is under temporary license suspension. The Iowa Ag Department took the action this week against Keystone Mercantile Company. The department accuses the operator of having minimum finances to operate, failing to pay for purchased grain and not having sufficient qualitygrain on hand to cover its storage obligations. A hearing is set for July 7th in Des Moines.