User uShare Login | Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.

75° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options


TEMPERATURE LOCATION | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Most Popular Today

Yankton Livestock Auction Settles USDA Complaint

March 18, 2014, 3:57 PM


The Yankton Livestock Auction Market has agreed to pay $2,000 as part of a settlement in a federal complaint that argues the South Dakota group had custodial account shortages.

Each market agency selling livestock on commission, such as Yankton Livestock, must maintain a so-called custodial account that benefits livestock consignors.

The provision was established through the federal Packers and Stockyards Act. The 1921 law was designed to prevent conflicts of interest and market manipulation.

A shortage in a custodial account occurs when the total credits exceed the total debits of the custodial account. Operating with a shortage is a federal violation.

Yankton Livestock has neither agreed nor denied its guilt by agreeing to settle the U.S. Department of Agriculture's complaint.

Previous Story

Next Story

Find Local Businesses on KELO Pages!

View agriculture

You may also like

Cattle Spooked By LifeLight Noise

8/30/2014 3:58 PM

Farmers say the annual music event is louder this year, and it's causing some problems with their cattle.

Full Story
New Director Of SD Ag Services Division Named

8/31/2014 10:03 AM

Brandon Beshears is the new director of the Agricultural Services Division for the South Dakota Department of Agriculture.

Full Story
Winter Wheat Harvest Wrapping Up In South Dakota

8/26/2014 9:52 AM

The winter wheat harvest in South Dakota is nearly wrapped up.

Full Story
Tuesday Ag Markets

8/26/2014 1:17 PM

Here's a look at agriculture markets as of noon Tuesday:

Full Story
Thursday Ag Markets

8/28/2014 1:34 PM

A look at the ag market numbers as of noon on Thursday.

Full Story