BK Commodities Fined for Lacking South Dakota Grain License

Nebraska trucking brokerage agrees to pay $2,000 penalty

PIXABAY
PIXABAY

A trucking brokerage based in Minden, Neb., has agreed to pay a $2,000 penalty for purchasing grain in South Dakota without a South Dakota license.

BK Commoditiesdid have a Nebraska grain-buying license at the time, co-owner Kirk Frecks told the South DakotaPublic Utilities Commissionon Friday.

Several South Dakota-licensed entities reportedly told the commission’s grain-warehouse staff that BK Commodities was buying grain in South Dakota without a South Dakota license.

Cody Chambliss, the grain-warehouse program’s manager, contacted BK Commodities. The company stopped buying grain in South Dakota until after it was licensed and also agreed to a $2,000 fine.

According tothe stipulation, BK Commodities purchased at least 30 truckloads in South Dakota prior to receiving the license September 21, 2021. The company could have faced penalties of $1,000 per load up to the maximum $20,000 in state law.

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