January 24, 2012 in Grand Forks Herald
The state-owned flour mill was a client of MF Global. The company went bankrupt last October. Investigators say MF Global used clients’ money for its own operations, and more than $1.2 billion went missing. Continue Reading
December 14, 2011 in The Daily Republic
The infamous meltdown of the MF Global financial firm has rippled across the South Dakota prairie, hitting farmers, grain elevators and others who had hoped to hedge their business risk in the futures markets, Sen. Thune told reporters Wednesday. Continue Reading
December 13, 2011 in Worthington Daily Globe
Luverne man speaks to Senate panel
MINNEAPOLIS (AP) A Minnesota farmer told a Senate panel Tuesday he wants to know what became of $253,000 of his money that’s gone missing in the collapse of commodities trading firm MF Global Inc. Continue Reading
December 13, 2011 in Grand Forks Herald
Dean Tofteland raises corn, soybeans and pigs near Luverne in southwestern Minnesota. He has about $200,000 tied up with MF Global. Continue Reading
December 4, 2011 in Grand Forks Herald
The reported collapse of the large commodities trading company, MF Global, Inc., has stuck many farmers and farm companies with possible losses. It’s also raised questions about whether the heated grain markets of the past three years have created a bubble waiting to burst. Continue Reading
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