North Dakota farm giant McM files for bankruptcy

One of North Dakota's largest high-value crop farms has filed for Chapter 7 bankruptcy in U.S. Bankruptcy Court in Fargo.   McM, Inc., based in St. Thomas, N.D., north of Grand Forks, filed a voluntary petition for bankruptcy. The farm is one of the largest farms of high-value specialty crops in the region, including about 39,000 acres, with about 2,000 acres of sugar beets and about 4,200 acres of non-irrigated potatoes in 2016.