STORED CORN ??
Printed From: Unofficial Allis
Category: Other Topics
Forum Name: Shops, Barns, Varmints, and Trucks
Forum Description: anything you want to talk about except politics
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=163928
Printed Date: 08 Sep 2025 at 4:40am
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com
Topic: STORED CORN ??
Posted By: FREEDGUY
Subject: STORED CORN ??
Date Posted: 27 Aug 2019 at 7:50pm
|
To those that are hanging onto last falls corn crop(dad is;I told him to dump his 5200 bushels 5 weeks ago),would a person be $$ ahead drawing it out of a bin/dryer set-up and paying a storage fee to the local elevator , or bite the bullet and dump dry/conditioned grain to make room for what is sure to be VERY wet corn coming out of the field this fall? THANKS |
Replies:
Posted By: shameless dude
Date Posted: 27 Aug 2019 at 8:53pm
| depends on what lies are told about a non exsistant bumper crop, and what the ethanol plants are paying. Cargill sets the markets around here. you keep that corn much longer and it'll get buggy if it hasn't started to by now. welcome to the farming game. usually worse than going to a casino! |
Posted By: Michael V (NM)
Date Posted: 27 Aug 2019 at 9:03pm
|
I suppose its anybody's best guess,, but if you get any hotspots, moldy,black kernels,or bugs,, whoever is buying will discount it deeply... Jus get out your bestest sharp pencl,a calculator big chief tablet,and go to work |
Posted By: FREEDGUY
Date Posted: 27 Aug 2019 at 9:07pm
No bugs, we have a retired neighbor that is STILL sitting on 2200 bushels of 5 year old corn in a bin that we had to "borrow" from 2 years ago to fill a contract. I understand about the casino aspect though  
|
Posted By: DanWi
Date Posted: 27 Aug 2019 at 10:23pm
| You will be better to get rid of the dry corn and then put your wet corn in the bin You get a double hit when you take wet corn to the grain elevator, they charge you for drying and take the shrink then they also charge you for low test weight which you can usually pick up a little if you do a good job of drying. but storing the corn you haul in can cost a bunch in storage so find out what it costs then do your math and once they have it your marketing options are almost limited to the elevator. |
Posted By: FREEDGUY
Date Posted: 28 Aug 2019 at 5:21pm
| My question is whether or not it would be beneficial to haul out the current "dry" corn and pay storage and sit on a potential gold mine ?? GOOD LORD , there's no way in #$%^ we will haul wet corn to market this season. LOL !! |
Posted By: DanWi
Date Posted: 28 Aug 2019 at 9:14pm
| If we knew the answer to whether it pays to store and for how long we could all have more money. Talked to someone today that said we may be experiencing the low now and go up at harvest seems I remember it did that some years ago But I am not good at remembering dates. As the guy at the grain elevator told me a few years ago when the price went high most of the time they look at charts and see where the prices are going to go but that time he said that stuff was off the charts, I think this fall may go off the charts to yet. Hind-site is 20-20 to bad you didn't sell when the corn was in the mid $4.00s |
Posted By: festus51
Date Posted: 28 Aug 2019 at 10:37pm
|
It is not corn but I finally sold most of my two year old beans this summer Still have all of last years beans. Just can't get a good price , but will empty grain bins this year and hope for better prices next year. ------------- We the unwilling Led by the unqualified Doing the impossible for the Ungrateful |
Posted By: shameless dude
Date Posted: 29 Aug 2019 at 10:34pm
| I almost always sold most of my corn at harvest time and then put that money (after expenses) on interest. the corn I didn't sell was the driest corn and was kept on gravity flow wagons put inside the shed til spring. |
Posted By: jaybmiller
Date Posted: 30 Aug 2019 at 5:23am
|
Does ANY farmer actually MAKE money farming ? Dang it sounds real complicated AND stressful.... 100+yr old farm cross street is goin to 'grow 24 , million buck houses soon.... to soon.. after I'm dead would be 'ok' but not right... Jay ------------- 3 D-14s,A-C forklift, B-112 Kubota BX23S lil' TOOT( The Other Orange Tractor) Never burn your bridges, unless you can walk on water |
Posted By: nella(Pa)
Date Posted: 30 Aug 2019 at 6:14am
Jay, you answered your question. Hardly any cows, chickens, pigs or any farm related animals in my area, most Farmers don't want to see this or their land developed. Government controlled prices which keeps the farmer just at a level of exisatance forces them into no other choice.
|
jaybmiller wrote:Posted By: Tbone95
Date Posted: 30 Aug 2019 at 6:59am
If I knew the answer to that question........ ......maybe I wouldn't tell you! At least not here in front of everybody!!
 |
Posted By: Dakota Dave
Date Posted: 30 Aug 2019 at 7:52am
| I don't know how the money works out but we emptied all the bins before harvest. we have air bins with stirrators on the farm so a little moisture is not a problem. no beans this year just wheat corn and canola. |
Posted By: FREEDGUY
Date Posted: 30 Aug 2019 at 4:55pm
I understand,LOL!!
. Just trying to get dad the "best" deal now seeing as he got "piggy" 5 weeks ago and held out for more $$ , . |
Posted By: DMiller
Date Posted: 30 Aug 2019 at 5:23pm
|
Last season we hauled fouled corn blended with good corn to the Barge facilities, they take random dump samples so the beating is less when there is a blended feed. Still took a beating on it but was not rejected as some loads were. Drove to Washington MO today, loads of Field corn already turning, great and wide swaths in the fields stunted or extremely depressed growth, saw a number of sections with no ears showing so may never have tasseled out. Soy fields look as bad, terraced hillsides where the wet spots show damage growth the rest of a terrace looking so-so. I am betting on estimates being rather excessive so as not to scare speculators into a price run. MO River bottoms less than 15% got planted ST Louis County all the way up into IA/NB from here. Usual crop production on the terraces is around 100-140b/acre corn, in the bottoms double that, up north around Vandalia MO similar on the plains at 200-240b/acre Beans north went in WAY late, same on the terraces where no one is sure what will play out, 22-30b/acre? Maybe?? |
Posted By: shameless dude
Date Posted: 31 Aug 2019 at 6:19am
| I almost always made money farming (only time I didn't was when I was in the hospital during planting time)...but then again, I didn't go out and buy 1/4 & 1/2 million dollar machines all the time. |
Posted By: thendrix
Date Posted: 31 Aug 2019 at 7:37am
|
I believe you hit it on the head there good buddy. I was talking with our banker here a while back and he said he had a customer who has built several new chicken houses and was producing very well but said he couldn't make any money. The banker said "I'll come by and we'll talk about it and see what we can do". When he pulled in the driveway there was a new 3 bay garage with a new truck, boat, and camper parked in it and a new car for the wife. Man still didn't understand why he wasn't making any money. ------------- "Farming is a business that makes a Las Vegas craps table look like a regular paycheck" Ronald Reagan |
Posted By: DMiller
Date Posted: 31 Aug 2019 at 10:05am
| Can relate, friends up north of here farming the Plains region have to buy or lease the newest biggest baddest tractors, cultivation equipment, combines, grain carts, Semi's and spray coupes, they build ever bigger shops, storage buildings, have RVs and trucks and cars all registered as 'Farm' where they run in a heavy Loss column annually but have a lot of new toys. Whine like beaten with a batten board when ask how much they spend 'recreationally' where justify having all the 'Stuff' to offset working 'So Hard', that they must do to afford the 'Stuff'. |