When futures trading firm MF Global went bankrupt at the end of October, regulators discovered 1.6 billion dollars in customer funds missing, much of it belonging to Midwest farmers and ranchers. As the bankruptcy drags on clients continue their efforts to claw back their missing funds. But one group of small businesses remains caught in the middle of uneasy markets and miles of red tape: rural commodities brokers. Harvest Public Media’s Jeremy Bernfeld (“BURN-fell-d”) explains the connection.
Learn more about this story - and other issues affecting rural America and the Midwest -- by visiting HarvestPublicMedia.org
Harvest Public Media is a consortium of public radio and TV stations in Kansas, Missouri, Iowa and Nebraska, working together to tell the story of agriculture - from farming and ranching, to local food, biofuel and more. Kansas Public Radio is a proud partner of Harvest Public Media.