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FARMLAND INDUSTRIES v. FRAZIER-PARROTT COMMODITIES

No. 87-2653.

871 F.2d 1402 (1989)

FARMLAND INDUSTRIES, Appellant, v. FRAZIER-PARROTT COMMODITIES, INC. a/k/a Parrott Corporation and/or d/b/a Parrott Corporation; Heinold Commodities, Inc.; DEKALB Corporation, formerly known as DEKALB Agresearch, Inc.; Christopher R. Parrott; Horace Seixas; John Dunn; Robert Wakefield; John Fenley; Charles Waters; Ernest Pierce, Appellees.

United States Court of Appeals, Eighth Circuit.

Decided April 13, 1989.

Rehearing Denied May 5, 1989.

Attorney(s) appearing for the Case

Alvin D. Shapiro, Kansas City, Mo., for appellant.

Thomas Deacy, Kansas City, Mo., for Frazier-Parrott.

Dan K. Webb, Chicago, Ill., for Seixas and Dunn.

William Nissen, Chicago, Ill., for Heinold and DEKALB.

Before JOHN R. GIBSON, WOLLMAN and BEAM, Circuit Judges.

JOHN R. GIBSON, Circuit Judge.

Farmland Industries, Inc. brought this suit claiming that several commodity brokerage houses and their agents conspired to defraud it by trading in crude oil futures contracts without Farmland's authorization. Farmland appeals from directed verdicts granted to Heinold Commodities, Inc., a licensed commodities futures broker, and to DEKALB AgResearch, Inc., Heinold's parent corporation, arguing that evidence

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