• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Agriculture / Livestock producers will get overdue Agriprocessors payments

Livestock producers will get overdue Agriprocessors payments

January 30, 2009 By admin

Two dozen livestock producers who sold animals to the troubled Agriprocessors meatpacking plant in Postville will soon receive more than two-million dollars in overdue payments. The payouts were announced today by the new Secretary of the U.S. Department of Agriculture, former Iowa Governor Tom Vilsack.

Jay Johnson, regional director of the U.S.D.A.’s Packers and Stockyards program, says federal law is designed to safeguard those livestock transactions. He says everybody that filed a claim in the case will receive the full payment they were due. The money has been tied up in bankruptcy proceedings.

Agriprocessors filed for bankruptcy last fall after the plant was the site of a massive immigration raid in May. The farmers that were waiting for payments sold livestock to the company before it filed for bankruptcy.

"We had 24 individual sellers that (are) livestock producers, livestock dealers and several auction markets," Johnson said. "Their payments range from $1,000 to over $500,000." The producers are located in Iowa, Minnesota, Wisconsin and Illinois. 

Share this:

  • Facebook
  • Twitter

Filed Under: Agriculture, Politics / Govt Tagged With: Tom Vilsack

Featured Stories

DOT plow crews struggling against blizzard conditions

Iowa delegation breaks along party lines on Trump impeachment vote

Two northeast Iowa men admit to illegally harvesting ginseng

Do you have to pay tax on your stimulus check?

All six in Iowa’s congressional delegation confirm Electoral College results

TwitterFacebook
Tweets by RadioIowa

Iowa State-Kansas postponed

Iowa-Michigan State postponed

Fire damage to Riverfront Stadium electrical system will cost Waterloo thousands

Iowa State at Kansas State postponed

Iowa State’s Foster to miss remainder of the season

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2021 ยท Learfield News & Ag, LLC