Wednesday, January 12, 2022

Express Grain Task Force Pushes Fix

 Commissioner of Agriculture & Commerce Andrew Gipson issued the following statement. 

The recently filed bankruptcy of a grain elevator in the Mississippi Delta has left many producers with claims against the bankrupt company, which is also under investigation for potentially fraudulent activities. In reviewing this situation, as well as reviewing how other states have attempted to assist producers when grain warehouses or dealers fail, Commissioner of Agriculture and Commerce Andy Gipson and other policymakers determined that changes are needed. As such, in October 2021, Commissioner Gipson established the Mississippi Grain Indemnity Task Force (“Task Force”) composed of Mississippi farmers and key policymakers.   

Mississippi agriculture is well represented on the Task Force by organizations such as Mississippi Farm Bureau and Delta Council as well as by individual producers who have devoted efforts in the past to promote the interests of their fellow Mississippi producers. Accordingly, Commissioner Gipson called upon these organizations and producers to assist in developing a contemporary farmer-driven approach to finding solutions for farmers when such a failure of a grain buyer may occur in the future. 

Today, the Task Force released its recommended legislative package to assist Mississippi producers when grain warehouses and grain dealers don’t meet their legal obligations. While grain dealers and grain warehouses that operate in Mississippi must provide a bond or similar financial assurance to protect producers, these obligations are simply not adequate. The State of Mississippi cannot legislate that grain buyers must fulfill their contractual commitments, but this legislation can provide assistance to innocent Mississippi producers.   



This legislative proposal provides for a voluntary producer-financed program without the use of taxpayer funds. Voluntary assessments would be collected and placed in the Grain Indemnity Trust Fund to compensate producers when a grain warehouse or grain dealer fails.  Unlike other states with voluntary programs, this proposal does not require a producer to pay assessments and then seek a refund at a later date.   

The Trust would be administered by a board consisting of the Commissioner of Agriculture and Commerce and six other members appointed by Mississippi Farm Bureau and Delta Council, and two at-large producers appointed by the Commissioner.  These trustees would evaluate claims when a failure occurs and authorize payments to be made from the Trust. 

The major points of the proposal are: 

  • The program is voluntary. Producers can opt out of the payment of assessments by notifying the Commissioner by June 1 each year of their desire NOT to participate in the program for the current crop year. 
  • Producers who do not opt out would pay an assessment of 0.2 percent of the value of corn, grain sorghum, oats and wheat sold between July 1 and following June 30.  The assessment would be levied only on grain sold during the assessment period produced during the enrolled crop year. 
  • Assessments would be collected until $20 million is in the trust.  When the balance of the trust falls below $18 million, assessments would be reinstated. 
  • Assessments would be collected by all State-licensed grain warehouses and grain dealers and Federally-licensed grain warehouses. 
  • Producers who choose to participate in the program for a crop year would be eligible to submit a claim when a State-licensed grain dealer or a State or Federally-licensed grain warehouse fails and the producer has not been fully paid for that crop year’s production of grain no matter in which year the failure occurs. 
  • The Trust could only be used to pay producers for eligible losses and administrative costs associated with the Trust.  These funds could not be used by the State for any other purpose.  
  • Claims would be paid only from the Trust and if claims exceed the amount in the trust, claims would be paid on a pro-rata basis. 

The legislative proposal and several Questions and Answers as to how the program would work can be found the Mississippi Department of Agriculture and Commerce website at under Alerts and Announcements.  



Anonymous said...

This is dumb. Read the audits and check the bonds. There are already rules in place. Just enforce them.

Anonymous said...

Good grief. A problem happened. And a “conservative” commissioner/government agency head thinks he has to solve the problem. Maybe if Governmet didn’t manage the program and you had to affirmatively opt-in rather than affirmatively opt-out, it would be fine. Just because a problem happens doesn’t mean government needs to solve it.

Anonymous said...

Two little and two late.

Thank you but all hat and no cattle.

Trying to issue a press release saying a lot of words with nothing at all relevant.

But thank you Commissioner; I would suggest you go back to practicing law. Or preaching. Or whatever it is that you do in your other life; this release proves that you do nothing for the annual hundred grand Phil gave you from the state treasury.

Anonymous said...

KF you should stop any further posts as 8:22 & 9:540m said it all to a tee.

Anonymous said...

The whole issue is that the bond isn’t enough and these grain mills don’t have sufficient bonding capacity to bond their entire operation.

Anonymous said...

Trying to protect the big contributors/criminals, wealthy and greedy!

Anonymous said...

Attn6:27 a.m. I am sorry you got duped by these grain crooks, but accept you stupidity and quit trying to blame everyone else for your (greedy) stupidity.

Anonymous said...

We'll cover your losses with your $. Now pay up! Brandon couldn't have made this up

Anonymous said...

One wonders how stupid a farmer can be if he/she previously had checks bounce and still did business with these crooks. And Andy should play himself in the future American Greed episode, as Gomer and Goober are dead.

Anonymous said...

@10:50 "We'll cover your losses with your $" you wrote. That's what vehicle and home insurance is.

Anonymous said...

This proposal to help the victimized family farmers in the Delta could easily be funded by a temporary tax on snack foods and fast foods!

Anonymous said...

Expecting a taxpayer bailout of rich peope who make bad decisions when evaluating their risk/reward ratio? Let
Let's go Jared!

Anonymous said...

"Assessments would be collected by all State-licensed grain warehouses and grain dealers and Federally-licensed grain warehouses."

Let me get this straight - grain dealer screws farmer by taking title to his grain and not paying him for it. This new legislation would allow the same crooked grain dealer to collect the assessment from the farmer to hold in trust until the dealer pays it to the Trust? Why in the hell would the very same crooked grain dealers that the legislation is protecting the farmer from be entrusted with those funds, even temporarily?

Farmers - get some insurance to transfer the risk associated with your receivables, or put the grain elevator on COD.

Anonymous said...

The commish of ag is just trying to deflect from what happened & caught him with his pants down!

Anonymous said...

Significant jail time may serve as a deterrent to others. Isn't this in the Mississippi AG's wheelhouse?

Anonymous said...

The Mississippi AG is a sdpectator as the feds will prosecute this.

Recent Comments

Search Jackson Jambalaya

Subscribe to JJ's Youtube channel


Trollfest '09

Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.

Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).

Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.

Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".

In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.

In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.

Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.

Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!

This is definitely a Beaver production.

Note: Security provided by INS.

Trollfest '07

Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.

There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.

If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

This is definitely a Beaver production.

Note: Security provided by INS