Author: derrickb

Crop Insurance Arbitration

In light of what appears to be an overwhelming number of crop insurance denials the past few years, I decided information about the arbitration process might be helpful.  Your crop insurance policy requires that any disputes about a denial be handled through mediation or arbitration.  In our experience, arbitration is the better route.  If your … Read More

Finding Middle Ground

Several years ago I spoke at the International Legislators Forum, which is an annual meeting of legislators from Manitoba, Minnesota, and North and South Dakota put on by the Consensus Council.  The forum “provides an opportunity for delegates to share information, understand problems, build relationships, and develop collaborative agreements on a wide variety of issues….” … Read More

Forward and Production Contracts:  Seller Beware

We’ve cautioned readers in the past to tread carefully when entering into grain purchase contracts because of the grain market’s entrance into the big business world.  We continue that theme this week by addressing a couple issues that farmers should be aware of with regard to forward and production contracts; the “Act of God” clause … Read More

Elevator Insolvencies and Bankruptcy Proceedings

I recently received a call from a farmer regarding a grain elevator insolvency, and thought this would be a good time to review some of the laws related to elevator insolvencies.  As Mikkel Pates pointed out in March, in the past few years we have seen several significant elevator insolvencies. Generally, grain buyers and public … Read More

Uncommon Prosperity

  Dr. Michael Duffy began a presentation at the American Agricultural Law Association annual conference with a quote from Neil Harl, who said, “farmers are the world’s best economic citizens; in the face of higher commodity prices, they increase production every time and drive down prices which destroys their own prosperity.”  This quote may not … Read More