Iowa Indemnity Covers Hansen-Mueller
Hansen-Mueller Bankruptcy Claims to Iowa Indemnity Fund Due by March 17, 2026
LINCOLN, Neb. (DTN) -- Farmers and other businesses in Iowa that have outstanding claims against the now-bankrupt Hansen-Mueller Co. have until March 17, 2026, to file a claim with the state of Iowa, the state announced in a news release at the end of last week.
The Omaha-based company that holds a grain dealer license in Iowa filed for Chapter 11 bankruptcy protection on Nov. 17, 2025. Under Iowa law, claimants could receive payouts from the Iowa Grain Depositors and Sellers Indemnity Fund, and in this case, those claims need to be filed within 120 days.
"Claims must be made in writing and filed with Hansen-Mueller Co. and the Grain Warehouse Bureau of the Iowa Department of Agriculture and Land Stewardship," the state said in a news release.
"Claims can be mailed to the Iowa Department of Agriculture and Land Stewardship, Grain Warehouse Bureau. Failure to file a claim within 120 days relieves the Iowa Grain Depositors and Sellers Indemnity Fund of its obligation. Failure to make a timely claim against the Iowa Grain Depositors and Sellers Indemnity Fund does not relieve Hansen-Mueller Co. of its liability to the claimant."
The Iowa Department of Agriculture and Land Stewardship's Grain Warehouse Bureau regulates and examines the financial solvency of grain dealers and grain warehouse operators to protect Iowa farmers.
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The Grain Warehouse Bureau is responsible for administering the indemnity fund. Created by the Iowa Legislature in 1986 during the farm crisis to provide financial protection to farmers, the fund covers farmers with grain on deposit in Iowa-licensed warehouses and grain sold to state-licensed grain dealers.
"In the case of a failure of a state-licensed grain warehouse or grain dealer, the fund may indemnify an eligible loss up to 90% to a maximum amount of $400,000 per claimant," the state said in the release.
Claimants with questions are urged to contact the Iowa Department of Agriculture and Land Stewardship's Grain Warehouse Bureau at 515-281-5324.
Also, for more information, visit https://iowaagriculture.gov/….
By DTN's calculations, Hansen-Mueller lists 29 unsecured creditors from Iowa.
Read more on DTN:
"Failed Ventures Fuel Grain Company Failure," https://www.dtnpf.com/….
"Neb. Grain Company Files Chapter 11," https://www.dtnpf.com/….
Todd Neeley can be reached at todd.neeley@dtn.com
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