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Bin collapse causes co-op to halt storage.

Central Valley Ag Co-op is closing its grain storage facility in Fremont, Neb., but will continue to offer agronomy and petroleum services, according to the Fremont Tribune. In November, one of the co-op's grain bins collapsed, and the Nebraska State Fire Marshal's office and the co-op's insurance firm said the storage bins and the feed mill were a safety hazard.

At one time the local co-op provided storage for some 500,000 bushels of grain. But last November, a 50-year-old storage bin housing some 70,000 bushels of corn collapsed, spewing grain into the loading area. Metal fatigue is the suspected cause. Rebuilding the storage facility and upgrading the feed mill would be cost-prohibitive, so the board chose to close them. The co-op will offer members the option of shipping grain to terminal elevators under the co-op's name, or it will pick grain up on members' farms.
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Title Annotation:NEWSLINE
Author:Campbell, Dan
Publication:Rural Cooperatives
Date:Jul 1, 2005
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