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Southern Illinois | We are 60 miles from the Mississippi River. Our closest elevator has a cash price that is 45 cents under the river. 20 cents for the first 3 months of storage then 3 cents per month after that. I can dry corn for half of what they charge, truck corn for half of what their facility charge is (the 45 cents) and store for 10 cents per year including electricity, so yes it pays well here. The sooner you build and the longer you can use the more it pays. | |
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Help me with the economics of a bin.
