Tue, 2002-12-03 12:00
p>Officials of Farmland Industries Inc. have filed a bankruptcy reorganization plan to satisfy the requirements of its debtors and in accordance with the bankruptcy court.
The nation’s largest agricultural cooperative filed for Chapter 11 bankruptcy protection on May 31.
Farmland’s Plan of Reorganization describes steps and changes that will occur upon completion of the company’s reorganization.
Farmland officials say they continue to pursue divesting or repositioning its fertilizer and petroleum refining assets, and non-core assets, and focusing on its successful meat business.