Good evening and thanks for joining us, I'm Nicole Winters.Ethanol giaGood evening and thanks for joining us, I'm Nicole Winters.Ethanol giant VeraSun files for bankruptcy and informs farmers their contracts are null and void...But they're not taking the news quietly...Fox Mankato's Carly Aplin tells us how farmers are taking action...Mark Kuhn says, "We have to stand up for our rights."Over a hundred Iowa and Minnesota corn producers met to decide how they would respond to VeraSun execs after being informed their contracts would not be honored.Richard Guse has several contracts to sell bushels of grain with the VeraSun in Janesville... contracts worth much more than the current three dollar and 20 cents market price of corn...Richard Guse says, "I stand to lose roughly 200 - 225 thousand dollars if they were sold today at market price."Farmers say the surrounding communities were in full support when VeraSun decided to move in... Richard worries the local economy will suffer if the contracts are not upheld.Richard Guse says, "It'll affect auto dealers, hardware stores, there's contractors here who haven't gotten paid it's going to have an effect on the local economy."Richard says he's done future planning that is dependent on the price he was offered by VeraSun in his contract last year.Richard Guse says, "You go ahead and do what you were taught to do as a business professional and it backfires on you; but all you can do is pick up the pieces and do the best you can move forward."Led by Iowa State Representative and corn producer, Mark Kuhn, the farmers decided they would move forward by taking on the ethanol giant in court.Mark Kuhn says, "I agreed to contract with legal counsel in Iowa to file a objection in Delaware Court on behalf of producers."4 o'clock Delaware time was today's deadline for farmers to file an objection to the VeraSun motion that would allow the plant to reject contracts at any future date.And in hopes of forcing VeraSun to uphold their contracts dozens of farmers agreed to write a 300 dollar check, contributing to a needed 20 thousand dollars in legal fees.Mark Kuhn says, "I don't know the outcome, but in order to affect that outcome, we had to be heard and that will happen as a result of today."In Waseca, Carly Aplin, the Fox Mankato News at Nine.VeraSun says it has paid for, or will pay for substantially, all corn delivered in the 20 days prior to its Chapter 11 bankruptcy filing, as well as corn delivered since.The motion filed by contracted corn producers today will be heard in the Delaware court on December 2nd.