USDA again sanctions powerful Iowa hog buyer for cheating sellers
BPC Staff Jul 29, 2021 | 8:21 pm
<1 min read time109 wordsAll Latest News, Iowa News, Manufacturing & Logistics
Associated Press: For the second time in four years, an influential nationwide pork dealer based in Iowa has been sanctioned by federal regulators for illegal buying practices that cheated hog sellers out of hundreds of thousands of dollars. Lynch Livestock of Waucoma has been ordered to stop recording false weights for hogs delivered to its buying stations, to stop altering classifications of hogs delivered, and to stop creating false scale tickets. Those practices violate federal law and result in underpayments to producers. The U.S. Department of Agriculture also ordered Lynch Livestock to pay a civil penalty of $445,626, which will be reduced for restitution paid to affected livestock sellers.