There are lots of things to consider when storing grain, analysts say
As corn farmers bring in one of the largest harvests on record, attention now turns to storing or selling that grain.
Market analysts say there are several things to consider, especially given the current economy. Naomi Blohm with Total Farm Marketing wants to remind farmers storage costs can add up. Interest rates are still high and most farmers are dealing with higher input costs overall.
Blohm tells Brownfield Ag News that there is a big seasonal pullback for lower prices that will continue through the next month and into December. While there is usually good reason for storing the bulk of this year’s haul, she says growers should still be aware of seasonal trends.