grain dealers

Grain dealers bill signed
6:31 pm
Mon July 11, 2011

Mo. Gov. Nixon signs grain dealers measure into law

Gov. Jay Nixon signs legislation implementing new regulations for grain dealers in Missouri.
(Marshall Griffin/St. Louis Public Radio)

Governor Jay Nixon has signed into law legislation designed to protect Missouri farmers from dishonest or financially struggling grain dealers.

The measure comes out of what state officials call the largest grain fraud scheme in Missouri history:  Prosecutors charged Cathy Gieseker with defrauding 180 grain farmers out of at least $27 million as her business went under.  She pleaded guilty to one count of mail fraud and is now in prison.

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