Hancock Co. warehouse operator, grain dealer has licenses suspended
(ABC 6 News) – The Iowa Department of Agriculture and Land Stewardship announced they have immediately suspended the licenses of a warehouse operator and grain dealer in Hancock County.
According to the Department, Global Processing, Inc., of Kanawha, has had their licenses suspended due to the company’s failure to have sufficient funds to cover producer grain checks, and failure to file monthly financial statements in accordance with Iowa law.
The result is the company cannot operate as a warehouse operator or grain dealer in Iowa until further order of the Department and must surrender any warehouse and grain dealer certificates to the Department.
The Department has requested a hearing take place in the immediate future on the action taken.