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Why would farmers store Corn when the market is inverted?
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w1891
Posted 5/20/2023 11:24 (#10236460 - in reply to #10236365)
Subject: RE: Why would farmers store Corn when the market is inverted?


S Illinois
How many have ran out of corn yet? Basis falling or climbing in your area especially with the futures break?

Edit: I think I mentioned this before but the US exports 550 million bu of corn give or take to Mexico. Almost all of that is by train. That would be almost 2000, 100 car(300k bu) unit trains. The grain industry is pretty good at moving by rail if the incentive or lack of good alternative is there.

Edited by w1891 5/20/2023 11:31
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