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Illinois grain dealer's license revoked

The Illinois Department of Agriculture has revoked the license of a financially troubled Ford County grain dealer. The license belonging to SGI Agri-Marketing LLC, a specialty grain dealer in Gibson City, was revoked Wednesday following an administrative hearing to address the suspension of the facility’s license after the Illinois Department of Agriculture discovered deficiencies in the company’s financial statements.  The company has been ordered to cease and desist doing further business. The Illinois Department of Agriculture has assumed control of the company, including its grain assets, and will begin the process of compensating claimants per the Illinois Grain Code.   Anyone who has sold grain to the company and has not paid in full should contact the Illinois Department of Agriculture’s Bureau of Warehouses to file a claim. 

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Paxton Record
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