ST. LIBORY, Neb. — A central Nebraska company will no longer be able to store grain after forfeiting its license this week.

The Nebraska Public Service Commission issued an order Wednesday saying Union Grain Company voluntarily surrendered its grain warehouse license to the Commission. The company is in St. Libory, which is about 10 miles north of Grand Island.

“The PSC Grain Department has worked closely with Union Grain Company (GW-340), regarding its grain warehouse license,” Commission Chair Dan Watermeier said in a statement. “With Union Grain voluntarily surrendering its license, the Commission will now work directly with producers who have grain stored at the facility.”

The order and statement didn’t list a reason for the surrender of the license.

The PSC and Union Grain Company have been at odds before. The PSC dismissed a complaint against the company in July, 2022. The complaint stemmed from an alleged violation of the Grain Warehouse Act, which prohibits warehouse licensees from operating with less grain in the warehouse than outstanding receipts issued for grain stored by valid owners. The PSC said at the time that two audits showed that Union Grain Company had oversold in corn on several occasions.