Materials:
On Friday, April 26, 2024, from 12 noon–1:00 ET, the Penn State Center for Agricultural and Shale Law, alongside the Pennsylvania Department of Agriculture’s (PDA) Agricultural Business Development Center (ABDC), will present the next webinar in the Understanding Agricultural Law educational series:
“Understanding the Basics of Producer Protections for Buyer Default.”
In the sale of agricultural commodities, a buyer’s failure to pay can significantly affect the producer’s ability to pay their own debts and fund future production. However, multiple statutory devices exist to ensure that producers receive payment for their commodities. This webinar will provide an overview of various legal mechanisms through which a producer may be paid when a buyer defaults—including grain dealers’ indemnification statutes, the statutory trust provisions of the Packers and Stockyards Act and the Perishable Agricultural Commodities Act, and milk dealer bonds—and discuss issues that arise from the processes.
1 hour of substantive CLE credit available for Pennsylvania-licensed attorneys at no charge.
Learn more about the Understanding Agricultural Law educational series.
Questions? Email Audry Thompson: aet17@psu.edu