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Business Collapses Expose Shaky Missouri Grain System

by Mike Sherry
Growing grain and selling grain. These separate businesses intersect all too often with either a handshake or minimal paperwork.

Hundreds of Missouri farmers suffered the consequences of that back-slapping system in 2009 after the separate collapses of Gallatin Grain Co., in Gallatin, and T.J. Gieseker Trucking, in Martinsburg. Farmers were collectively owed a staggering $32 million.

Grain farmer Linus Rothermich of Auxvasse, Mo, estimates his losses at

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