Grain-related assets of Prairie Pride liquidated
Saturday, March 20, 2010
On Friday, the Missouri Department of Agriculture announced it has liquidated grain-related assets of Prairie Pride Inc. in Deerfield, Mo. to ensure that farmers in the area receive payment for previously delivered soybeans. In February, Prairie Pride, Inc. became financially unable to meet its obligations forcing the Department of Agriculture to suspend the company's grain license and secure assets to protect Missouri farmers.