08-18-2014 12:03 PM - edited 08-18-2014 12:03 PM
Starting to see some reports and info with specialists talking about the potential for grain storage issues this fall. Are you ready for this crop?
08-18-2014 12:20 PM
Does everyone think we will have 2x the bushels of normal? Gosh that would be nice, to make up for the cruddy prices, but things look about average here. We have dried up and about burned up the last couple of years, so when we have a crop that sort of looks like it is supposed to everyone thinks it is going to be monstrous. I don't think there will be any problem with storage here. A lot of storage built the last decade, our local COOP has built storage, and nearly all of the bins are empty now.
You aren't doing us any favors by bragging up a crop that may or may not be there.
08-18-2014 12:24 PM - edited 08-18-2014 12:26 PM
My guess is that it is just a small regional issue in central Illinois.
08-18-2014 12:34 PM
With only a three week supply left at best by harvest, most bins will be waiting for a reload. Much ado about business as usual.
08-18-2014 12:57 PM
08-18-2014 04:16 PM
I'll have enough storage and drying capacity for any likely crop. It would take a total bin buster to run short of storage. If that turns out to be the casewith corn, I'll ship some beans early and use the bean bins.
08-19-2014 05:58 AM
No storage issues in north iowa. Many bins never got filled last year, because of PP and insurance claims. Local coop is making really good progress at getting empty. I cleaned my last bin yesterday afternoon and others doing the same. Yes there will possibly be some corn on the ground, but that is a "planned" program for several coops. Local feed mills and ethanol plants continue to grind, but that is llike printin' money at these prices. Bean harvest better be on schedule , 'cause the processors keep grinding to keep the pigs and chickens fed and the last beans are goin in the cooker when the first combines unload. 3 rainy weeks harvest delay would really screw things up for endusers here. they're cutting it that close.
08-19-2014 11:44 AM
OK, shaggy. The other thing that always burns my butt is the comment about importing or shipping soys to solve shortages. No one is gonna ship soybeans to fairmont minnesota or emmetsburg iowa. just a logistical nightmare. And the story that soybeans are being harvested in the south is weak. A couple counties in illinois or iowa produce as much corn and soybeans as all of mississippi or florida. even combined. ok, i'll give it a rest now.