U.S. grain elevators see potential for big profits in the 2023/2024 marketing year. According to a recent report from CoBank, an abundance of corn and soybeans has resulted in cheaper basis and bigger ...
If you’re one of the many farmers storing grain on-farm to hold out for better prices, make sure you don’t fall in the out-of-sight, out-of-mind trap. One misstep could be the difference between ...
Grain storage presents a constant challenge for agricultural operations across the Midwest. While flat-bottom bins serve basic needs, they create bottlenecks during harvest season when time matters ...
COLUMBIA, MO. — MFA Inc. (MFA), a farmer‑owned agricultural cooperative, has agreed to acquire four Missouri grain elevators from ADM, adding to MFA’s grain origination footprint and growing its ...
During a typical day, the outdoor air temperature may fluctuate by 25 to 30 degrees. This warms the bin and the grain next to the wall during the day, but during the night, the bin and the grain next ...
An Iowa farmer walks past damaged grain bins following a 2020 derecho. Farmers across the Midwest have seen their grain bins destroyed or damaged in recent years by tornadoes, derechos and other ...
Grain Merchandiser Scott Harre at the Top AG Grain Co-Op in Okawville, Illinois. Co-ops and grain elevators are dealing with high costs to store grain. “It's frustrating from the standpoint you're not ...
The state mandis on Sunday received 5 lakh tonnes of wheat, taking the total to 99 lakh tonnes plus and according to officials of the state food department ...
When consumers buy bread in the store, they may not think about all the costs that go into it — like the expense of storing grain. But that’s something farmers and millers think about these days ...
Co-ops and elevators could begin to lower the amount they’ll pay for grain upfront in order to protect against rising storage costs. However, this year’s awkward market for elevators and co-ops could ...