South Dakota Public Utilities Commission Vice Chair Chris Nelson was one of the speakers at the State Farmers Union meeting Monday in Redfield looking at the state’s grain regulations. Nelson talked about recent state legislative changes passed this session to better protect producers.
He says the most important change was the ability it gave the P-U-C to obtain financial information right away from grain buyers and warehouses.
Nelson says that came about after last year’s failure of Anderson Seed where several farmers who sold grain were left holding the bag. He says the most important message he wants to relay is that anything out of order needs to be reported right away to the P-U-C.
He encourages grain sellers and buyers to weigh in this summer as his group holds hearings next month on a proposed rule to further strengthen the regulations.