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QUALITY PLUS FEEDS v. COMPEER FINANCIAL

No. 21-0774.

984 N.W.2d 437 (2023)

QUALITY PLUS FEEDS, INC., Appellee, v. COMPEER FINANCIAL, FLCA, Appellant.

Supreme Court of Iowa.

Filed January 13, 2023.

Attorney(s) appearing for the Case

Dustan J. Cross (argued) and Rick J. Halbur of Gislason & Hunter LLP, New Ulm, Minnesota, for appellant.

Thomas D. Story (argued), Alexander M. Johnson , and Jennifer E. Lindberg of Brown, Winick, Graves, Gross, and Baskerville, P.L.C., Des Moines, for appellee.

Mansfield, J., delivered the opinion of the court, in which all participating justices joined. May, J., took no part in the consideration or decision of the case.

I. Introduction.

Since the farm crisis of the 1980s, Iowa law has allowed agricultural suppliers to claim a lien on livestock consuming their products and has granted this lien priority over previously perfected liens in some circumstances. See Iowa Code § 570A.5(3) (2020). Here, a supplier furnished feed...

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