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Cass County Supervisors discuss property tax abatement for Pipeline Foods, LLC

Ag/Outdoor, News

August 10th, 2018 by Ric Hanson

Cass County Auditor Dale Sunderman reports the Board of Supervisors are expected to take action next Wednesday (Aug. 15th), on a request for a 50-percent, five-year property tax abatement for a company that is in the process of acquiring the ADM grain elevator north of Atlantic. Pipeline Foods, LLC – a developer of supply chains in agriculture with a focus on organic foods and feeds, grains, oilseeds, and ingredients will be acquiring, converting and utilizing the ADM facility for organic grain handling.  Total capacity of the facility is expected to be about 3.4 million bushels.

An approximately 2 million bushel capacity will be utilized for conventionally grown grain and the other 1.4 million bushel capacity will be for organic crops.  Pipeline’s plan is to acquire the facility in mid-September.  Local farms are expected to transition from conventional to organic farming as organic farming allows farmers to reap up to three times the profit margins of non-organic farming.  It was stated that crop land can be rotated in and out of organic production.  The company’s request for an abatement was taken under advisement during the Board’s meeting on Aug. 8th.