The cost of grain storage, also known as the cost of carry, has risen significantly due to increased interest rates, high crop prices, and rising labor, insurance, transportation and energy costs.
Monitoring grain bins is so important to protect the quality of stored grain, especially during spring as temperatures warm up. “Bins can heat up really fast when sunlight hits them during spring and ...
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 ...
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 ...
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 ...
photo credit: Arkansas Farm Bureau, used with permission. From ocean port congestion and labor strikes to low river levels, railway service shortfalls and a nexus of state and federal freight ...
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 ...
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 ...