NOTE: This hearing is now over.
While the exact effect on agriculture of MF Global’s collapse is yet to be determined, farmers, ranchers and agricultural businesses across the nation are waiting to see what portion of their money they will get back. MF Global was a clearinghouse that producers and their brokers used to buy positions at the boards of trade. The company recently announced their bankruptcy, the eighth largest in U.S. history, and that has signaled a whirlwind of questions. Along with the questions is a large sum of money that has completely vanished.
The U.S. House Ag Committee is now holding a hearing on the bankruptcy. Follow the link below and click on either the audio or video connection from the Hearing Room to watch it live!
WATCH OR LISTEN TO HEARING LIVE!
© Northern Ag Network 2011