On-site grain storage is an option that puts a little more control back on the local producer.
The team at Sukup Manufacturing Company stands behind the importance of proper grain mangement.
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Adequate transportation capacity exists, but fuel costs and soft river demand could widen basis risk.
Tight storage could widen basis and limit marketing flexibility.
Rising Chinese feed output — especially for swine — signals sustained demand for protein meals and feed inputs, even when meat production growth appears modest.
Nitrogen and phosphate markets are tightening ahead of spring, keeping fertilizer costs elevated while crop prices lag.
Strong corn exports offer support, while soybeans and wheat remain weighed down by ample global supplies, according to the USDA’s latest WASDE report for February.
Kevin Charleston of Specialty Risk Insurance discusses the importance of grain bin safety and joint efforts with Nationwide to provide farmers and first responders with access to critical, life-saving rescue tubes.
