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Capturing carry
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upabovefarms
Posted 10/28/2017 06:33 (#6331259 - in reply to #6330689)
Subject: RE: Capturing carry


Ottawa Canada
There is no simple (cheap) way to capture corn carry. One way is selling the defereds and buying the nearby hoping they come together. May not happen, gains you nothing in the cash market.
The other is bins.
Here is my hesitation to going full scale on that.
Keep in mind I am in the cold north. Decent farm size bins likely $3 /bu erected, legs, augers, continuous flow dryer, updated lane, and area around bins, electrical costs to install,then crazy high bills(Ontario), propane not natural gas. Also once loaded on a truck it is pretty easy to send it to local elevator who's harvest bid can be stronger than it will be for the rest of the winter.
I realize every area is different and if you can air dry and ship later for better basis, that seems like a great plan.
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