The Minnesota grain indemnity account is an account managed by the Minnesota Department of Agriculture that serves to pay producers for lost income when they go unpaid for delivered grain.
The following are frequently asked questions about the indemnity fund.
Any producer claiming to be damaged by a breach of a contract for the purchase or storage of grain in Minnesota may file a written claim with the commissioner. A breach of contract can be failure of payment within 48 hours of delivery for cash sales, a failure to redeliver grain within 48 hours of demand for redelivery, bounced checks issued for grain payment, etc.
Use a proof of claim form which will summarize what type of grain was delivered, the quantity, and the value. Attach any documentation you might have to support your claim.
Claims can be sent via email, fax, or mail.
Mail: Grain Licensing, 625 Robert St. N, St. Paul, MN 55155
Scale tickets, bills of lading, contracts, settlement sheets, bounced checks, warehouse receipts, bank statements, email/text exchanges, and any other documents that you might have related to the delivery of grain.
The MDA will review claims as they are received and will work with valid claimants to issue payment from the Indemnity Account promptly. You can expect a confirmation of receipt of your claim within 10 days from our office. We will then work with you to evaluate your claim promptly. If your claim has been determined to be valid, payment will be issued from the Indemnity Account.
That depends. Each claim is evaluated independently, but there may be limitations to your pay out based on the date of delivery and any contracts that may be in place with the buyer.
Payouts may not cover 100% of all transactions. Contacting a lawyer may help you find alternate means of recouping losses.
Yes, Minnesota covers all transactions where title passed within the Minnesota border. So if you live out of state but delivered to a Minnesota based location, your delivery may be covered.