Posted 1/30/2016 10:16 (#5074602 - in reply to #5074282) Subject: RE: Bonded grain elevators ?
nw ohio
Ohio has an indemnity fund funded from grain check off. It covers 80% of anything at the elevator including DP. We just went through this a couple years ago when a local elevator was caught with two sets of books. The bank got all their money and the farmers got 80% of their money from the fund.