Actually here BTO's are putting up bins like mad because they can't afford to sell at current prices. A nephew works for a bin company. They are working 10 to 12 hour days 6-7 day week. What I see is guys setting on their corn and beans and all of them waiting for the price to go up. Then they will start hauling so long before they are going to have to sell. Some will be OK like mad forcing the prices down again. They can only store it but others are going to be lucky to survive IMO. Heck a lot of them the bank actually owns the grain in their bins.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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