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Auction highlights remnants of once-mighty Farmer’s Grain

By Les Zaitz

The Enterprise

VALE – The dismantling of Galen Jantz’s farming enterprise continues with a big auction next week as attorneys and creditors continue to fight over the remnants.

Jantz is the former Idaho farmer who moved to Vale, established a cattle and corn operation, and then built a grain brokerage in Nyssa he called Farmers Grain.

The business dissolved in bankruptcy and lawsuits earlier this year, and Jantz reportedly has moved to Wisconsin.

Left behind is a trail of creditors, including bankers, equipment dealers and neighboring farmers, struggling to get what they say is owed them. Farmers Grain filed bankruptcy owing $23 million. A financier sued Jantz and his entities for $15 million, including $8 million in financing he guaranteed for Farmers Grain.

The Farmers Grain operation already has been auctioned off. Buyers got trucks, trailers and equipment. An Idaho cattleman put in the winning . . .