| IN555 - 4/3/2024 18:22 Okay, you missed the point
So the elevator is running storage as their business, the only way to pay for those facilities is through storage $'s and not losing it on gambling. They don't have crop standing out in the field that is at risk of weather.
On the farm storage is just a part of the business that is often necessary in order to facilitate harvest much the same as the combine, grain cart and trucks. Even if they bins themselves don't make a dime they can still be paid for through harvest efficiency/timeliness (getting the crop off the field before bad weather).
That does not take away from needing to market the crop before and/or after it is in storage.
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ROI for a new grain bin of your are a dummy like me!
