Storing Grain Can Aid Farmers In Commodity Pricing
Across the corn belt, more farmers are putting up their own grain bins. In the past year alone, farmers nationwide have added some 300 million bushels of on-farm storage. By storing their own grain, farmers can choose when and at what price they want to sell, and that can translate into thousands of dollars in profit. And this has grain buyers — like grain elevators and ethanol plants --working to keep their edge in the market.