Posted by Dave H (MI) on January 07, 2019 at 14:58:21 from (50.108.67.210):
Got a letter from Michigan today. It appears that the owner of my local elevator was lying to me in December when he told me his pit auger was broken. Apparently just a day or two before we talked he had surrendered his license to the State. Now he gets to pay me 50 cents on the dollar for what he did owe me plus a prorated share of whatever he gets for the assets he has on hand. From the sound of the letter, he is closed. Lotts Elevator has been around a very long time and I am sorry to hear it. So the letter states he surrendered his license on 12/6. I believe it was 12/7 or 12/8 that I drove up on the scales with my first load of the year and was turned away. If I had taken the load up the week before I would have taken a hit but the lane was too muddy and I did not want to risk getting stuck. As it was I sold all my corn up in Webberville and was paid on the spot. A quick check of the records shows I have 26 bushels in the bank up at Lotts leftover from 2017. This was for chicken feed. The only down side is now I will be buying corn retail for the rest of the year to feed the chickens as I kept none on hand. Still...a bullet dodged.
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