Season 3, Ep. 10 - Elevators struggle to secure bushels; how that impacts YOUR marketing plan

15/12/2023 23 min

Listen "Season 3, Ep. 10 - Elevators struggle to secure bushels; how that impacts YOUR marketing plan"

Episode Synopsis

Farmers have been hesitant to sell to bushels, as corn and soybean prices witnessed a sharp decline from their earlier peaks.

Consequently, elevators find themselves with lower levels of grain ownership, impacting their ability to take advantage of wider carries and basis levels. In some regions, basis has plummeted to multi-year lows.

The most recent episode of the Grain IQ podcast featured a discussion on the outlook for grain storage in U.S. Elevators as bushels remain elusive.

Guest: Tanner Ehmke, Lead Grains and Oilseeds Economist with CoBank.

Grain IQ is a production of the Nebraska Rural Radio Association, in cooperation and with support from the Nebraska Soybean Board.

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