Jan 31, 2019

Ashby Elevator Ex-Manager to Plead Guilty

Jerry Hennessey accused of stealing $5.5M

jerryThe manager of a small-town Minnesota grain elevator who allegedly treated himself to exotic hunting safaris with millions of dollars stolen from farmers plans to plead guilty to federal criminal charges, his lawyer said Thursday.

According to theStar Tribune, Jerry Hennessey, who managed the Ashby Farmers Cooperative Elevator Co. for nearly 30 years, plans to plead to charges of mail fraud and tax evasion at a hearing in U.S. District Court on Feb. 14, said his attorney.

Recently Added to Buyer's Guide

BinRite Grain Identification System

  • Prevents accidental mixing of different types of grain and oilseeds
  • Advanced sensors, mounted in multiple locations throughout conveying system, analyze hundreds of
    images per second to identify corn, soybeans and red wheat with 99% accuracy

BBU Big Bag Unloader

  • Designed to discharge difficult products, such as fine powders
  • Many options, including vibrating table, bottom massage paddles or side massager,can be configured with modular system

Batch High Shear Mixers

  • Equipped with Solids/Liquid Injection Manifold (SLIM) technology
  • Deliver powders in efficient manner for quick wet-out and complete dispersion into low-viscosity liquids

GrainDrive™ T1000 Tube Conveyors

  • Three model sizes with capacities from 4,000 to 10,000 bushels/hour
  • Inclines are supported up to 45° with inlets and discharge transitions available in 0°, 30° and 45° increments

Combi-zone Dryer

  • Gentle and precise drying
  • High energy efficiency at a lower cost per ton

Magazine

Marketwatch: Mar, 25

US Corn Price Idx:ZCPAUS.CM

open: 7.2563
high: 7.2588
low: 7.1555
close: 7.1953

US Soybean Price Idx:ZSPAUS.CM

open: 16.5697
high: 16.6984
low: 16.4286
close: 16.4672

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 10.2268
high: 10.2859
low: 10.0542
close: 10.0755

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 10.0954
high: 10.2546
low: 10.0279
close: 10.0854