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Registered: ‎10-18-2016
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Re: The next phase in agriculture

I have reported on this site numerous times a 1995 discussion I had with a Cargill vice-president at their Marshalltown, IA plant, in which this very scenario was advanced. It tied in with Cargill's plan to loan you money to build bins as long as it was for their grain.  It may happen, but what I'm seeing is the big guys are the ones who are getting into the specialty business, not the little guys.

 

It could have a dampening effect on grain marketing, but we already have people who lock up their bushels in various ways ahead of harvest so the question in how many bushels are unpriced and unobligated now?  Maybe not as many as one would think.