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RGtimeline/Getty Images IS YOUR GRAIN SAFE? If you deliver corn to an elevator for storage, who is making sure the elevator is in good financial condition and can pay you when it’s time? Legislation inspired by an elevator failure in northeast Indiana could increase your confidence. Learn more about the case that inspired current grain indemnity fund upgrade legislation. Legislation is moving in both houses of the Indiana General Assembly to improve the way that the Indiana Grain Buyers and Warehouse Licensing Agency, known as IGBWLA, audits licensed grain elevators. Jeff Cummins, legislative policy specialist for Indiana Farm Bureau Inc., says that the nuts and bolts of both House Bill 1483 and Senate Bill 364 are similar. Both should result in more training for IGBWLA staff and more transparency in the process of when a grain elevator runs into financial problems.

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