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Honored Advisor

TID BITS

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Honored Advisor

Re: TID BITS

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Veteran Advisor

Re: TID BITS

So will the crop damage reduction equal the storage capacity lost? If so things should be a wash for this year. Insurance will cover both losses. Just asking 

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Veteran Advisor

Re: TID BITS

First article mentions loss of 60,000 bushels of storage and maybe another 60k on farms.  Based on what you saw and heard Hobby is that number low?

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Honored Advisor

Re: TID BITS

Typo Iscat, it should read 60,000,000 from what I have heard.

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Honored Advisor

Re: TID BITS

There is a vidio at top of story if you wait a long time. That has a much bigger # .

Yes many elevators lost one million or a multiple of that per location. 

The 20 thousand and bigger farm bins suffered greatly.

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Honored Advisor

Re: TID BITS

Clayton, probably in theory it is close but it is never that easy.

Maybe only a mile or two away from some of these facilities there is areas with some type of corn crop to gather.

Other thing is the beans were all but unaffected. The current high temps and lack of rain is reducing their yield potential but they will need storage too. Not every bin that blew away was a corn bin.

Not all bins blew away either.

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Honored Advisor

Re: TID BITS

Market to Market iptv show has some excellent pictures/vidios and some better numbers of damages.

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Honored Advisor

Re: TID BITS

For anybody in doubt ot can't believe what 'ol Ma Nature is capable of, the discing of the flat as a pancake corn fields has begun here in Ioway. 

Corn flatened in early dough stage is not gonna recover is not gonna mature is not gonna contribute to an over abundant carryover next year.

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