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Displaying items tagged: CHS Capital LLC

Sunday, 28 January 2018 20:15

Default entered against Boersen Farms in Monsanto case; company faces a new lawsuit

ZEELAND — A embattled West Michigan farm operator failed to answer a federal lawsuit filed against it in Missouri and faces new allegations that it failed to pay its bills.

Published in Breaking News
Sunday, 07 January 2018 00:21

Highly leveraged farmers could face distress amid volatility in ag industry, pricing

Farmers’ increasing use of credit to finance operations has left some operators financially exposed during a volatile period for the industry.

Published in Food/Agribusiness
Sunday, 03 December 2017 20:52

Spiech Farms files for bankruptcy after two troubled harvests in 2017

PAW PAW — A Southwest Michigan-based provider of fresh and frozen blueberries, asparagus and grapes has filed for Chapter 11 bankruptcy protection in the U.S. District Court for the Western District of Michigan.

Published in Food/Agribusiness

Sunday, 03 December 2017 20:12

Federal court orders Boersen Farms to pay $19.5 million for equipment leases, contempt

ZEELAND — A federal judge ordered Boersen Farms Inc. to pay more than $19.5 million to a Cottonwood Heights, Utah-based firm it leased equipment from over a two-year period.

Published in Food/Agribusiness
Friday, 20 October 2017 13:10

Judge removes Boersen Farms from receivership as plaintiff moves to dismiss lawsuit

Boersen Farms Inc., the Zeeland-based farming company that flirted with bankruptcy, is no longer under the control of a court-appointed receiver.

Published in Breaking News
Sunday, 01 October 2017 17:13

Boersen Farms’ impending bankruptcy could shake West Michigan’s ag industry

ZEELAND — When a lawsuit surfaced showing one of West Michigan’s largest corporate farmers was facing insolvency, the news sent shockwaves through the state’s agricultural industry.

Published in Food/Agribusiness