• Home
  • Archives
  • Contact Us
    • About
  • Reporters
  • Affiliates
  • Affiliate Support
  • Sports

Nebraska Radio Network

Nebraska News and Sports

  • Legislature & Government
  • Politics
  • Economy
  • Agriculture
  • Husker Sports
  • All Topics
  • PostsComments
You are here: Home / Agriculture / Efforts aim to revive money-troubled Pierce County Elevator

Efforts aim to revive money-troubled Pierce County Elevator

March 19, 2014 By Nebraska Radio Network Contributor

Community investors in Pierce are trying to re-open the local grain elevator.

John Fecht, the grain division director for the Nebraska Public Service Commission, says the elevator’s grain license was surrendered a couple of weeks ago due to financial problems.

“They’ve got a lot of checks that have been issued and weren’t able to get cashed because the bank wouldn’t honor them anymore,” Fecht says. “Some folks have delivered grain and haven’t been paid at all. There’s a lot of contracts on the books for delivery this spring and folks are wondering where to go with those.”

Fecht says if the commission has to move ahead with the claims process, then affidavits will be mailed out to everyone and plans will then be made to get the grain sold and moved.

Brian Bargstadt, president of the Pierce County Elevator, says he’s working with local investors and hopes to submit a plan to the Public Service Commission today.

“I’ve been in the community 17 years,” Bargstadt says. “Not only are they my customers, they’re my personal friends that this involves. I’m not the type of person to fail and I want everybody involved to get what they’ve got coming.”

Bargstadt says he’s pleased at the backers coming forward.

“Support has been overwhelming,” he says. “People do not want me to fail. It’s grown to be a family down here in the area of northeast Nebraska, farmers here.”

Bargstadt surrendered his grain licenses March 4th.

By Jerry Oster, WNAX, Yankton

Share this:

  • Facebook
  • Twitter
  • Google

Filed Under: Agriculture, Business, News

Ricketts, Erstad team up for “Live Well” initiative

Husker Spring Game tickets to go on sale February 6th

Husker women on the verge of a win streak

Huskers land walk-on commitment from Kearney QB

Huskers fall at Rutgers 76 to 69

More Big Red News

Featured Stories

Senator warns medical marijuana opponents: petition drive waits in the wings (AUDIO)

Attorney General cautions Nebraska against legalizing medical marijuana (AUDIO)

Legislative leaders see a lot to like in Gov. Ricketts’ proposals (AUDIO)

Gov. Ricketts reveals two-year spending plan, calls for property tax relief in State of the State address (AUDIO)

Turnover rate at Nebraska prisons drops (AUDIO)

TwitterFacebook

Husker Sports

Copeland suffers season-ending injury Saturday, ending his college career

Huskers Drop Third Straight, Falling to the Buckeyes 70-60

Ricketts, Erstad team up for “Live Well” initiative

Husker Spring Game tickets to go on sale February 6th

Husker women on the verge of a win streak

Get our news delivered to your inbox:

Enter your email address:

Delivered by FeedBurner

Copyright © 2019 · Learfield News & Ag. LLC