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South Dakota PUC Takes First Step In Oral Credit Rule Change

South Dakota Public Utilities commissioners took the first step this week toward advancing a new oral credit rule for grain seller, buyers and elevators. PUC Vice Chair Chris Nelson says their proposed rule which they’ll vote on August 12 shores up oral credit regulations which gives farmers time before they sign a contract.

 

Nelson says should the commission okay the rule at their August meeting then it will be reviewed by a state legislative panel before it’s finalized.

The proposed rule change came about after a Judge earlier ruled that grain warehouse and grain buyers contracts must be signed.

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Making headlines this week

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A look at the big stories that made news this week and the headlines you may have missed.

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Americans are really angry with Washington

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Americans are angry with the handling of issues ranging from healthcare reform to the rise of Islamic State militants.

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Rail Plan Approved

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The state Rail Board approved the new South Dakota rail plan at their meeting this week.

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Siren Project Nixed

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Bidding for the emergency siren project in the lake area of Yankton closed yesterday, but at their meeting yesterday afternoon, Commission members agreed not to go ahead with the project and to reject any received bids.

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Minnesota Farm Bureau Members Lobbying Congress

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Minnesota Farm Bureau members are in Washington D.C. this week making hill visits. Cass County Farm Bureau President Miles Kuschel,…