Feb 08, 2022

Columbia Grain Loses $1 Million in Inventory from Fire

Managers still evaluating all the losses, future steps after last Friday's fire

Managers are still evaluating the losses and considering their next steps forward in the aftermath of the fire at Columbia Grain in Belgrade, MT, last Friday, reports NBC Montana.

“The plan in place right now is to remove the old wooden crib house structure there and the adjoining steel tanks," Columbia Grain Senior Vice President of the Grain Division Kurt Haarmann told NBC. "Those provide the greatest risk right now, in terms of making it a safe site.”

Haarmann says the loss will exceed $1 million in inventory alone. The silos held around 120,000 bushels of grain, over 7 million pounds.

Haarmann also notes there are no plans in place to rebuild right now. Cleanup is expected to take several days.

Sponsored Items

Recently Added to Buyer's Guide

Glyphosate-V

  • Quantitative method to detect glyphosate in various sample types, such as cereal grains
  • Results in 15 minutes

NeoSpectra

  • Instant, on-site analysis of feeds and feed ingredients
  • Platform includes easy-to-use software

MaconFortress Permanent Storage Cover

  • 15-year fabric warranty
  • Withstands high speed winds

Hoop Building

  • Economical solution for permanent grain storage
  • Lower electric and labor costs than grain piles/bunkers

BBU Big Bag Unloader

  • Modular system can be equipped with vibrating motor, pneumatic under massagers and stretch system
  • Designed to discharge difficult products, such as fine powders, in tight spaces

CUB Railcar Mover

  • Designed to move single railcars or groups of cars
  • For small- to mid-size loading, unloading and repositioning applications

Magazine

Marketwatch: Feb, 03

US Corn Price Idx: ZCPAUS.CM

open: 6.8469
high: 6.89
low: 6.7703
close: 6.7819

US Soybean Price Idx: ZSPAUS.CM

open: 14.8664
high: 14.9765
low: 14.8437
close: 14.9358

US Hard Red Winter Wheat Price Idx: KEPAUS.CM

open: 8.5216
high: 8.5338
low: 8.3169
close: 8.4194

US Soft Red Winter Wheat Price Idx: ZWPAUS.CM

open: 7.0784
high: 7.0809
low: 6.8993
close: 7.005