IEO files bankruptcy petition

We had no sooner written our article last week on the uncertain situation at Inland Empire Oilseeds, LLC, and sent our paper off to be printed when we received in the mail that same day notification from the United States Bankruptcy Court in Spokane that IEO had filed for Chapter 7 Bankruptcy on December 27, 2012. Our call to IEO general manager Joel Edmonds has not been returned.

We called the Odessa Union Warehouse on Friday, January 4, and asked to speak to Keith Bailey. As the manager of AgVentures, LLC and its member companies, the Odessa Union Warehouse and Reardan Grain Growers, Bailey...