Indiana Grain Company Closes

According to documents from the Indiana Grain Buyers Warehouse Licensing Agency, Cline Grain of Montgomery County has closed locations in Ladoga, New Market, Hillsboro, Kingman, Danville, and Loogootee. A notice signed by Melissa A. Rekeweg, Interim Director of the Indiana Grain Buyers Warehouse Licensing Agency states that as of April 8 “It is unlawful for Cline Grain, Inc. to receive grain for storage, grain bank, warehouse receipts, deferred pricing or any other grain merchandising.” Terri Cline told The Paper ( a local media outlet) the state would not allow her to say much. When asked how many employees this will affect and how many of those are in Montgomery County, she said, “More than I would like.” Cline expressed regret for the impact this will have on the community and on the employees. “I hate it for the families,” she said. “We had a lot of faithful people. This breaks my heart.”

ISDA officials have promised a forthcoming statement on the situation. Details on how much grain is involved and how many farmers are affected have not been released.

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