News Column

GIPSA Settles a Case with Sheridan Livestock Auction Company Resulting in a $1,500 Penalty

July 30, 2014



WASHINGTON, July 30 -- The U.S. Department of Agriculture's Grain Inspection, Packers and Stockyards Administration has issued the following news release:

The U.S. Department of Agriculture's Grain Inspection, Packers and Stockyards Administration (GIPSA) enforcement rules provide a mechanism to quickly resolve violations of the Packers and Stockyards (P&S) Act.

GIPSA may offer an alleged violator the option of waiving their right to a hearing and entering into a stipulation agreement to quickly resolve alleged violations.

Sheridan Livestock Auction Company, Rushville, Neb. - waived its right to a hearing, entered into a stipulation agreement, and agreed to pay a penalty of $1,500 after GIPSA found that it operated with a shortage in its custodial account.

TNS 30VianaGem - 140731-4815641 30VianaGem


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Source: Targeted News Service


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