11/20/2025 | Press release | Archived content
The already grim agricultural economy is facing an even bleaker outlook for some after this week's news that a large grain buyer has filed for bankruptcy.
Hansen-Mueller filed for Chapter 11 bankruptcy protection on Monday. The news follows reports from an increasing number of farmers across the country that the Nebraska-based company failed to pay for grain upon delivery.
"Unfortunately, it seems these farmers who are already facing a troubling economy with razor-thin margins will now be left to wait for payment for grain that's no longer accessible,"
David Gibson, the executive director for Texas Corn Producers, said.Hansen-Mueller estimated at least 1,000 and as many as 5,000 creditors in its filing report δΈ€ with $100-$500 million in both liabilities and assets.
Farmers affected by the bankruptcy should consider seeking legal counsel to assess the options available to them.
Additionally, TCP is hosting an informational meeting on Tuesday, Nov. 25, 2025, for farmers in the state impacted by this situation. Farmers interested in participating in this virtual meeting should contact TCP at [email protected]or 806.763.2676 for registration information.