Iowa
Iowa farmers caught in Benson Hill bankruptcy can get help through grain indemnity fund
Watch: Marion County farmer discusses harvest, state of grain market
Steve Kuiper talks about his family farm’s 2024 harvest and the state of the U.S. grain market while harvesting soybeans on Wednesday, Oct. 2, 2024.
As St. Louis-based Benson Hill files for bankruptcy, the Iowa Department of Agriculture is encouraging Iowa farmers who experience losses tied to the ag tech and seed company, which holds a state grain dealer license, to file claims for reimbursement through a state indemnity fund.
The Iowa Department of Agriculture on Wednesday notified farmers that the company had filed for Chapter 11 bankruptcy March 20 in Delaware. They may have 120 days to file a claim to help cover any losses.
The company, which plans to sell its assets, said it had received court approval to obtain up to $11 million in financing to continue operations during the bankruptcy. Altogether, nine Benson Hill companies filed for bankruptcy protection this month, reporting $100 million to $500 million in both assets and liabilities.
Benson Hill said Wednesday it has a seed field services operation in Bondurant. The company said the facility continues to operate and “all existing contracts and service agreements remain in place.”
Benson Hill sold a soybean processing plant in Creston in southwest Iowa about a year ago to Omaha, Nebraska-based White River Soy Processing for $72 million. The company said it was continuing its plan to transition to an “asset-light business model backed by world-class soybean germplasm and competitively advantaged technology.”
White River Soy Processing also purchased a Benson Hill soybean crush facility in Seymour, Indiana, in 2023 for $36 million.
The Iowa ag department said farmers who have not been paid for grain sold to a Benson Hill operation before March 20 may file a claim with the Iowa Grain Depositors and Sellers Indemnity Fund. Created by the Iowa Legislature in 1986 during the Farm Crisis to provide financial protection to farmers, the fund will pay 90% of a loss on grain up to a maximum of $300,000 per claim.
Last year, the department notified Iowa farmers that they would need to pay a quarter of a penny on each bushel of grain sold to help replenish the fund, which protects them when elevators and other grain buyers file for bankruptcy. Filings in 2021 and 2022 by Pipeline Foods LLC of Fridley, Minnesota, Global Processing Inc. of Kanawha and B&B Farm Store of Jesup had dropped the fund’s balance to about $312,000. The fee kicks in when the fund falls below a $3 million minimum.
If farmers have questions, they may contact the Iowa Department of Agriculture Grain Warehouse Bureau at 515-281-5987. For more information on Benson Hill’s bankruptcy, go to cases.stretto.com/bensonhill.
Donnelle Eller covers agriculture, the environment and energy for the Register. Reach her at deller@registermedia.com.
Iowa
Zach Lahn projected to win Iowa GOP governor primary, upsetting Trump’s pick in a state Democrats hope to flip
Zach Lahn will win the Republican primary for Iowa governor, CBS News projects, overcoming a Trump-backed congressman and setting up a November contest against Democrat Rob Sand that could be one of this year’s most competitive gubernatorial races.
Lahn — a farmer and businessman who has touted his ties to the “Make America Healthy Again” movement — prevailed over a crowded GOP field on Tuesday. Sand, who serves as state auditor, ran for the Democratic nomination unopposed.
His victory bucks the recent winning streak of Trump-backed candidates and marks an upset over Rep. Randy Feenstra, who didn’t attend any primary debates and was viewed by many observers as a frontrunner. President Trump endorsed Feenstra last week, calling him “MAGA all the way,” and several top Iowa GOP figures backed him.
Feenstra conceded late Tuesday night, saying in a speech surrounded by his family that the outcome “wasn’t what I wanted.”
Describing himself as a sixth-generation Iowan, Lahn owns a family farm and runs the agriculture, real estate and technology investment firm Homeplace Ventures. He previously worked for the conservative group Americans for Prosperity. He’s running on a populist-inflected platform that he branded “Iowa First” and has said he wants to boost local ownership of farmland, stem the flow of younger Iowans out of the state and address Iowa’s high cancer rate.
“I fear every day we are losing the Iowa we love,” Lahn said in his victory speech Tuesday, castigating out-of-state investors that he says “treat Iowa land like it’s a commodity instead of our inheritance.”
Lahn was endorsed last year by MAHA Action, a group founded by allies of Health and Human Services Secretary Robert F. Kennedy Jr., and he picked up support from the late Charlie Kirk’s Turning Point Action last week. He was also endorsed by former Rep. Steve King, who was known for incendiary comments about race before Feenstra ousted him in a 2020 primary.
Three other candidates also ran: former Iowa Department of Administrative Services Director Adam Steen, state Rep. Eddie Andrews and former state Rep. Brad Sherman.
Lahn will now face Sand, a two-term state auditor who defeated a GOP incumbent in 2018 after working in the state attorney general’s office.
Sand has focused his campaign on government accountability and faulted Republicans for the state’s economic issues, while pitching universal pre-K and criticizing a school voucher program introduced by GOP officials. He has also sought to cultivate a moderate image on social issues, as Republicans try to cast him as a liberal in centrist’s clothing.
In a campaign video late Tuesday, Sand said Republican voters are “welcome in this campaign,” adding that the state’s political system is “broken” and “all you would get with Zach Lahn it is more of the same.”
Once considered a swing state, Iowa has trended sharply red in recent years as Democrats increasingly struggle on rural Midwestern terrain. Mr. Trump won the state three times in a row, including by a 13-point margin in 2024, and GOP Gov. Kim Reynolds won reelection by 18 points four years ago. Iowa hasn’t elected a Democratic governor in two decades, and Sand is the only statewide elected Democrat, after he won reelection by fewer than 3,000 votes in 2022.
But Democrats are hopeful that a challenging political environment for Republicans, both nationally and in Iowa, could make them more competitive in the midwestern state. The Cook Political Report has rated the Iowa gubernatorial race a tossup, one of five states with that distinction this year, and the University of Virginia’s Center for Politics says the race leans red.
Reynolds — who has led the state since 2017 — has one of the lowest approval ratings of any governor nationwide. Iowa farmers also struggled last year after the trade war with China caused Beijing to cut American soybean imports, pushing down prices of one of Iowa’s most widely grown crops, and the war with Iran has caused a run-up in fuel and fertilizer prices.
Reynolds declined to run for reelection this year, setting up Iowa’s first gubernatorial election without an incumbent in the race since 2006.
Lahn lent his campaign $2 million last year, but is heading into the general election at a fundraising disadvantage. His campaign had just over $700,000 on hand as of mid-May, compared to nearly $18.3 million for the Sand campaign. Sand’s wife runs a sizable food and health products company founded by her family called the Lauridsen Group, and the Democrat’s campaign coffers have been bolstered by millions in contributions from his in-laws.
Sand raised about $9.7 million between the start of the year and mid-May, just over $3 million of which came from members of his wife’s family. Lahn raised just under $1 million.
Beyond the governor’s race, Iowa also has an open Senate contest after Ernst declined to seek reelection, drawing interest from Democrats, though Republicans likely have a sizable edge. Democrats are also heavily targeting two of Iowa’s four House seats, including the 1st District, where incumbent GOP Rep. Mariannette Miller-Meeks won by fewer than 1,000 votes in 2024.
Iowa
Elections live updates: Key races to watch in California, Iowa, Montana and New Jersey primaries
Live Coverage
In California, competition is fierce for the gubernatorial and Los Angeles mayoral nominations. Iowa, Montana and New Jersey have open U.S. Senate seats. In New Jersey, a silent congressman could lose his House seat.
Iowa
Iowa joins wave of states forcing porn sites to verify users’ ages
Beginning July 1, Iowans must verify they are adults to access porn websites.
How online porn is shaping a generation of young men
Early porn exposure among boys is rising. And experts say it leads to lasting struggles with addiction, mental health and relationships.
Iowa will require porn websites to verify users are at least 18 under a new law signed by Gov. Kim Reynolds.
The Hawkeye State joins at least 25 other states, including Kansas and Nebraska, in requiring age verification for adult content in an effort to prevent minors from accessing it.
House File 864 is modeled after a Texas age verification law the U.S. Supreme Court upheld in a 6-3 decision in June. The measure will apply to websites or apps if at least one-third of their content is pornographic.
Beginning July 1, the law will require the websites to verify a user’s age using government-issued identification, financial documents or other documents that are “reliable proxies for age.” Age verification may also be performed by third parties or through any “commercially reasonable and reliable method.”
The law states websites and third parties “shall not retain, sell, lease or otherwise disseminate any identifying information of an individual subject to reasonable age verification unless retention or dissemination of the identifying information is required by law or a court order.”
It also requires third parties and websites to use “reasonable methods given the person’s scope of business to secure all data collected and transmitted” during the age verification process.
Under the new law, Iowa’s attorney general can sue companies in violation of the law. Violators could face fines up to $1,000 for each time an individual accesses a site in violation of the law. Civil penalties for providers are capped at $10,000 per day.
Iowa Senate lawmakers unanimously approved the measure while the House advanced it 82-2.
Rapid Response Politics Reporter Maya Marchel Hoff can be reached at mmarchelHoff@usatodayco.com. You can find her on X (formerly Twitter) at @mmarchelhoff.
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