In Re Ragan

MEMORANDUM OF DECISION

JAMES A. PUSATERI, Bankruptcy Judge.

The Northeast Kansas Production Credit Association (PCA), had a security interest in the debtor’s grain and crops before the debtor stored his grain with the Jefferson County Cooperative Association (Coop). The Coop also furnished to the debtor herbicides, insecticides and fertilizer on credit from April 29, 1980 to May 20, 1980.

PCA claims a superior lien on the grain by virtue of its security interest and financing statement filed March 29, 1979. The Coop claims a superior lien by virtue of a statutory warehouseman’s lien.

The issues…