South Dakota State Ag Secretary Hoping For Packing Plant Recovery

Photo: clipart.com

South Dakota State Ag Secretary Hoping For Packing Plant Recovery

South Dakota State Agriculture Secretary Lucas Lentsch is holding out hope that a beef plant may still operate in Aberdeen. That after news reports that Northern Beef Packers have filed for Chapter 11 bankruptcy.  He says any successful agricultural economic development takes time, patience, hard work and persistence.

He says Northern Beef’s bankruptcy doesn’t mean an end to the state’s certified beef program although having a processing plant located in the state is a necessary cog in making the program work.

Lentsch says the state is not in a position to help out with financing a processing facility but can lend assistance in other ways.

He says because Northern Beef is going through Chapter 11 means they have a chance to re-organize and possibly get themselves revived if they can pay off their debt.

Recent Headlines

in Local

Northwest Iowa Town Finds Radon Problem


Akron, in northwest Iowa has a large numbers of homes with a radon problem.

in Local

Nebraska Innovation Campus Primed for Growth

business briefcase

Nebraska Innovation campus is open, and looking for partners.

in Local

Nebraska Senator Deb Fischer Cautious with TPP

2014 Fischer Official Photo

Nebraska Senator Deb Fischer says she is studying the effects of TPP on the state.

in Local

Iowa DNR Officers to get Assault Rifles

emergency lights

Iowa DNR officers are training to carry assault rifles.

in National

There’s ‘wiggle room’ on rate hike timing


A top Federal Reserve official who has long wanted the U.S. central bank to wait until next year to raise rates signaled on Monday that he could be persuaded to support a rate hike this year, so long as the increases are gradual.