Licensed grain storage sets record
BISMARCK (AP) — The state Public Service Commission said North Dakota’s strong harvest has resulted in a record amount of grain storage licensed this year.By: Associated Press, The Jamestown Sun
BISMARCK (AP) — The state Public Service Commission said North Dakota’s strong harvest has resulted in a record amount of grain storage licensed this year.
The total licensed capacity stood at 379.8 million bushels last week, breaking the record of 368.1 million bushels for the same time a year ago.
Officials said North Dakota has 389 licensed grain facilities, which is seven fewer than a year ago.
All grain storage in the state must be licensed, bonded and insured to protect farmers if a facility becomes insolvent or suffers a disaster. That includes temporary storage, such as when grain is piled on the ground due to a lack of bin space.
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