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| so far the local elevators have been managed well, but if these lower prices continue it could be a stress test. i would say haul in smaller amounts, some outfits its a calculated risk . that reminds me of the vera sun ethanol plant debacle a few years ago, they wanted to clawback monies they already paid to farmers
https://www.mprnews.org/story/2010/09/01/verasun
Farmers in Minnesota and across the Midwest who had the bad luck to sell corn to a bankrupt ethanol company are now being asked to repay most of the money they earned.
VeraSun, based in Sioux Falls, S.D., was once one of the top producers of ethanol, producing over a billion gallons each year. It went out of business after filing bankruptcy in the fall of 2008. The company wants the money back so they can use it to pay off creditors. | |
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Do you have grain on DP? Market audio comments
