Reuters’ P.J. Huffstutter and Karl Plume have compiled an in-depth look at some of the forms of storage grain elevators and producers have resorted to as the flood of corn has refused to subside. Unwilling or unable to sell corn at the current market prices, across the globe corn lies on the ground, dumped there by producers after other storage options are exhausted.
In the best case scenario, grain elevators can find the room to store it, like the six football field long Yoder Bunker that Mid Kansas Cooperative built on an old runway. At the worse it lies on the ground covered in a tarp, exposed to the elements.
The one thing the Reuters article makes clear; producers aren’t going to stop producing any time soon so the flood of corn looks to continue.