Content ID

335535

Grain warehouse license of Baxter, Iowa, business revoked

Doug’s Feed Service, Inc., of Baxter, Iowa, has consented to a voluntary revocation of its grain warehouse license, effective Oct. 31, 2022, by the Iowa Department of Agriculture and Land Stewardship. Due to the revocation of the license, Doug’s Feed Store, Inc., is prohibited from storing grain after Nov. 30, 2022.

The warehouse license revocation was due to the licensee's inability to provide proof of insurance, as required by Iowa Code, Section 203C.15 (2020). Doug’s Feed Store, Inc., will maintain their grain dealer license.

A grain depositor has three options available to them for their grain storage obligation with Doug’s Feed Store, Inc.

They may:

  • Remove their grain from the facility on or by Nov. 30, 2022
  • Price their grain obligation for payment on or by Nov. 30, 2022
  • Arrange with Doug’s to transfer the storage obligation to another licensed warehouse on or by Nov. 30, 2022.

Any grain storage obligation must be finalized on or before Nov. 30, 2022.

The Iowa Department of Agriculture and Land Stewardship’s Grain Warehouse Bureau regulates and examines the financial solvency of grain dealers and grain warehouse operators. The functions of the Bureau include warehouse licensing, warehouse examination, grain dealer licensing, and grain dealer examinations.

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Most Recent Poll

Will you have enough on-farm storage for harvest?

I just want to see the responses
46% (26 votes)
Yes
39% (22 votes)
No, it’s going to be a bin-buster
7% (4 votes)
Maybe, depending on yields
5% (3 votes)
No, I am looking at new bins or temporary storage
4% (2 votes)
Total votes: 57
Thank you for voting.