Yankton livestock auction market u.s. 81 yankton sd

Each market agency selling livestock on commission, such as Yankton Livestock, must maintain a so-called custodial account that benefits livestock consignors.

The provision was established through the federal Packers and Stockyards Act. The law was designed to prevent conflicts of interest and market manipulation.

A shortage in a custodial account occurs when the total credits exceed the total debits of the custodial account. Operating with a shortage is a federal violation. Yankton Livestock has neither agreed nor denied its guilt by agreeing to settle the U.

Department of Agriculture's complaint. Strong to severe storms possible Wednesday afternoon.

Yankton Livestock Auction Market - US Highway 81, Yankton, SD - Phone Number - Yelp

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