Producers try to recoup losses after Plainville Livestock Commission drains account
By CRISTINA JANNEY Hays Post Derek Stockman’s farming and ranching operation has been brought to a standstill. He sold 41 heifers at the Plainville Livestock Commission on Feb. 5, but his check for almost $37,000 bounced Stockman of Kirwin only recently expanded his farming operation into cattle. He is now unable to make his FSA loan payments, nor is he able to get his operating loan for the coming year guaranteed. “The bills don’t stop coming in,” Stockman said. Stockman is one of more than 40 livestock producers in the area that have been caught up in legal action and bankruptcy of Plainville Livestock Commission, operated by Tyler Gillum. This is just the latest in a series of financial problems and federal regulation violations faced by the market agency. “Everybody says you’ll get…
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