But every year we encounter some unscrupulous person operating a facility to the farmers' detriment. Although these incidents are infrequent, the severity of the loss to a farmer already operating on thin profit margins may lead to the loss of his family's farm. Preventing such economic hardships is easily accomplished by verifying that the individual or grain elevator receiving grain is one of the more than 600 ODA-licensed commodity handlers. Each handler is required to conspicuously post the license. In the event a licensed facility becomes insolvent, the Ohio Grain Indemnity Fund protects farmers.
Farmers have the right to a second test or federal determination, if requested prior to unloading.
Farmers should be familiar with all aspects of the marketing transaction and understand their security interest in the event of an insolvency. The scale tickets are proof of grain delivery. If an accounting problem occurs, farmers will need this documentation.