A Mission, Kan.-based grain dealer has had their Iowa license suspended pending a June hearing. The Iowa Department of Agriculture and Land Stewardship announced the suspension for Redwood Commodities Group, LLC as effective immediately and it forbids them from operating as a dealer within the state, requiring they surrender any grain dealer certificates to the department. The suspension comes after the company’s failure to file the required information with the Grain Warehouse Bureau in accordance with Iowa Code 203. This bureau regulates and examines the financial solvency of grain dealers and warehouse operators. A hearing on this suspension has been scheduled for June 25. Redwood says it is working with the department to get their licenses reinstated.
