News of falling grain prices and reports of record harvest amounts are surfacing, like the recent article in The Wall Street Journal on September 7, 2014, “Corn Price Falls as Crop Flourishes” and the Kare 11 News story “Rain Boosts Minnesota Corn Crop Forecast” published on September 11, 2014.
Reports of bumper crops across Minnesota and the Midwest this year can be a mixed blessing. While farmers continually strive to increase yield, it can adversely affect grain prices like what seems to be happening this fall. With current prices of grain lower than desired, many producers will take a chance on higher prices later by storing the grain now. If that’s the case, it’s important to make sure ample, quality storage is available. Additional grain storage allows you to market the grain when you want. More grain storage also means you keep your operation running efficiently, instead of sitting in long lines at local co-ops waiting to dump in the busy season!
K & S Millwrights is ready to help provide the grain storage and drying solutions your 2014-2015 plans will require. We are the leader in small to large grain handling needs. Before harvest season arrives, let us know if your needs have changed. You can take a gamble on grain prices, but you don’t need to do the same with your ability to accommodate your changing business plans.