Archive for Wednesday, June 20, 2001

Co-op stops buying grain

June 20, 2001

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buying grain

Farmers Cooperative Assn. officially stopped buying grain Tuesday, pending the sale of its grain elevators to other parties.

Co-op officials were busy Tuesday preparing to transfer the properties to their buyers, including a consortium of area cooperatives. The new owners want to close the deals in time to take advantage of the wheat harvest, which was slowed in northeast Kansas by rain Tuesday.

The Lawrence-based co-op was forced to sell its assets after filing for bankruptcy protection in September.

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