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Illinois Grain Insurance Fund: Protecting Farmers if an Elevator Fails
Donald L. Uchtmann and A. Bryan Endres
ALTB_08-05, July 2008
 

Abstract

This article describes the protections provided to farmers and lenders by the Illinois Grain Code in the event an Illinois-licensed grain elevator fails.
 
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Grain Contracts, High Prices, Floods and Failure to Deliver
Donald L. Uchtmann, A. Bryan Endres and Stephanie B. Johnson
ALTB_08-04, July 2008
 

Abstract

This article addresses important contract law questions that arise when a farmer’s crop is lost to floodwaters or when market prices rise much higher than the forward contract prices established months earlier.
 
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THE REVISED ILLINOIS GRAIN CODE: GREATER PROTECTION TO FARMERS AND LENDERS IF A GRAIN ELEVATOR FAILS
Donald L. Uchtmann and A. Bryan Endres
ALTB_03-02, December 2003
 

Abstract

This article describes the protections provided to farmers and lenders by the Illinois Grain Code in the event an Illinois-licensed elevator fails. These protections were changed significantly by Public Act 93-0225, effective July 21, 2003, which amended the Illinois Grain Code to incorporate lessons from the Ty-Walk elevator failure. A checklist of “Good Practices” designed to maximize these protections for farmers is included.
 
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THE REVISED ILLINOIS GRAIN CODE: NEW ASSESSMENTS ON FARMERS AND LENDERS
Donald L. Uchtmann and A. Bryan Endres
ALTB_03-01, December 2003
 

Abstract

This article discusses the new assessments imposed on both farmers and lenders under Public Act 93-0225, the 2003 amendments to the Illinois Grain Code. These assessments will restore solvency to the Illinois Grain Insurance Fund, which guarantees the payment of approved claims by farmers and lenders when an Illinois-licensed elevator fails. A link to the full text of the Illinois Grain Code is provided.
 
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Production, Marketing, and Purchase Contracts for Livestock
Compiled by Iowa Attorney General
June, 2000
 

Abstract

This site contains examples of Production Contracts and Marketing Contracts for cattle and hogs, and of Purchasing Contracts for hogs. The contracts were compiled by the Iowa Attorney General from actual contracts being used in Iowa. Producers names and other identifying information have been deleted, but the names of companies offering these contracts remain. The goal, according to Iowa Attorney General Tom Miller, has been "to give livestock and grain producers key information so they can compare the types of contracts and terms being offered in the marketplace ...." Iowa legislation recently prohibited confidentiality in such contracts, making possible the dissemination of this contract information.
 
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