CropLife Lists Top 10 Ag Retailers with Most Grain Elevator Revenue
Grain facilities face significant challenges in the year ahead
According to a report from CoBank, grain elevators will face significant challenges in the year ahead as they buy basis on corn, soybeans, and wheat at the highest levels seen in years.
According to CropLife, basis for all three of the major grains is significantly tighter across the country from strong end-user bids, limited pipeline supplies, and lack of farmer selling amid an uncertain fall harvest.
Despite these challenges, there are plenty of opportunities for grain elevators to improve margins in an otherwise stressful year. And if 2019 is any indication, leading the way in grain elevator revenue will be the 10 companies featured in the slideshow here.