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marketeye
Veteran Advisor

How Much Corn Is In Storage? Too Much

Perhaps this non-injury collapse of this Ohio silo is a signal that too much corn is bursting the seams of bins. This happened last night, Sunday, in Clark County, Ohio. WHIO-TV in New Carlisle, Ohio reported that 10,000 tons of corn is on the ground. It does make one ponder the thought of whether there is just too much corn out there, in silos and bins that don't normally hold this much?

 

Grain silo.jpg

 

 

What a mess. What happens to the price and quality of this corn?

 

Thanks,

 

Mike

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35 Replies

Re: How Much Corn Is In Storage? Too Much

Well being that this specific corn is more then two years old I don’t remember you mentioning crop storage condition at all previous to this. It’s more than likely an inside insurance scam because of storage condition at the current price. Better money than selling it for less than production costs.
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marketeye
Veteran Advisor

Re: How Much Corn Is In Storage? Too Much

The investigation into the cause is underway, according to the Ohio TV station's story. But, beyond this incident, isn't it true that folks are using everything with a roof, on the farm and in town, to store corn this year? It seems that we're literally bursting at the seams, with corn.

 

Mike

 

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roarintiger1
Honored Advisor

Re: How Much Corn Is In Storage? Too Much

It looks like an old bin to me........it's probably been filled like that many times in the past.

 

It really probably is the fault of the government shutdown, guns, climate change, racism, or Donald Trump.   Certainly not because there was too much corn in it. Smiley Wink 

Mizzou_Tiger
Senior Advisor

Re: How Much Corn Is In Storage? Too Much

E30!!!!!!!!!!

How many times I have to say it

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lsc76cat
Senior Advisor

Re: How Much Corn Is In Storage? Too Much

Looks like you hit the nail on the head rt.

There is an image on Google Earth from October of 2016.

You can drive by the site and see the design.

They're expensive to replace and this one sits pretty close to a state highway.

rt - would they even be able to build that close to a highway again in Ohio?

They could make a big ground pile on the ball field next door and tarp it.

 

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Re: How Much Corn Is In Storage? Too Much

I'm sure it varies according to location but in my locale I know of nothing being used for storage that hasn't always been used. Local large co-op had piles at three locations (which is normal) that were gone the first week of January so corn is moving.  Media thinks 10,000 tons sounds more dramatic than 357,000 bushels?

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elcheapo
Senior Advisor

Re: How Much Corn Is In Storage? Too Much

Looks like some of the other structures need
Attention also
I also agree there is not a storage problem. People now just noticed how things have been done
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marketeye
Veteran Advisor

Re: How Much Corn Is In Storage? Too Much

gurly,

 

You say corn is moving. How is the basis, in your area, is it moving?

 

 

Thanks,

 

Mike

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sw363535
Honored Advisor

Re: How Much Corn Is In Storage? Too Much

I doubt that the building exploded from too much internal pressure like a bald tire with 90 lbs of air.

 

Or that the sympathy for state wide storage problems got the best of the structure.... But I'll admit the emotional state of a steel structure is hard to judge.

 

But emotional counseling for grain storage makes more sense that thinking this picture is a sign of national crop size... Although Mike might have something....USDA may be so sympathetically moved by that picture to raise the crop size for the last 4 years..

 

 

the only thing I see in the picture is an illistration of the problems that may occur in the age and quality of grain storage facilities within 100 yards of the center of that pile...... There are a lot of old and out dated grain storage facilities in use in the US.

 

One local coop here that is using facilities 60+ years old actually decreased the bushels of rotten and contaminated grain it handled when it went to ground piles.

And ground piles are a terrible waste.

 

What % of the annual corn crop is lost to damage from poor handling or bad storage facilities each year?  

I would guess 5% of the crop and wouldn't be suprised at more.

Unbelieveable how many older facilities are condemned and empty while the crop is under tarp outside.

The pile on the left in the picture is the rotten corn left from the first pile shipped ---  

 

 

 

 

 

 

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