hopalong said:
The more elevators the more they can store, driving the over all price down to the producer, all the while not paying TAXES,
Well in this country where you have every grain farmyard with a couple hundred thousand bushels worth of storage bins-- its already being stored (often under government loans)- sometimes being held for the right price- or for the contracted time period....
The big problem in the past tho is when the contracts come due- or prices rise and folks begin selling- finding enough room in the elevators to deliver- and then the elevators being able to find enough rail cars/crews to keep it moving thru the elevators to the midwest mills or west coast docks...
I understand there is another big elevator and BNSF rail graincar loading facility going in about 20 miles east of me too...
And with all the oil loading ports being built- the talk of Buffet building additional main lines adjacent to the current ones may be more than talk...
With the increasing raising prices being paid for grain- I'm seeing more and more land come out of CRP and going back into production too...
