Tariffs haven’t affected Canada’s grain market storage sector yet, but market uncertainty is influencing producers’ expansion decisions.
Tag Archives grain storage
Market and political uncertainty shadow storage bin decisions at London Farm Show
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Steady harvest strains grain infrastructure
Good weather has kept combines running from soybean to corn harvest across Ontario at quick pace
Ontario grain handlers are struggling under the faster-than-normal progression of soybean harvest into corn harvest. There are no reports of Ontario corn being stockpiled on the ground, but “with the vessel delays that we’ve seen at ports, there’s sometimes nowhere for the corn to go,” said Hensall Co-op grain originator and marketer Berkley Fedorchuk. “We’ll make things work as best we can.”
The on-farm storage question
Should you build new or expand existing grain storage on your operation? There’s no easy answer
There are compelling reasons for farmers to invest in on-farm grain storage. It offers them flexibility in marketing and the opportunity to get better prices later in the crop year.
Ontario producers encouraged to invest in on-farm storage at Canada’s Outdoor Farm Show 2024
Farmers shouldn't let lower grain prices dissuade them from building bins — if anything they could pay higher dividends in a tough market say sales representatives from bin-maker AGI at Canada's Outdoor Farm Show.
Agco to sell grain bin firm GSI
Agco has completed a deal to sell the majority of its Grain and Protein business division, including its grain bin and handling equipment arm GSI, to American Industrial Partners. Agco also plans to sell four other owned brands as part of "strategic transformation."
Farm growth pushes farmers to bring grain handling and conditioning home
As farms have increased in size, their storage requirements now mean far greater quantities of a single crop, whether it be canola or wheat. This means higher capacity, flat-bottomed bins. These are often centrally located, with larger capacity handling equipment and sometimes permanently installed handling equipment.
Get your grain bins ready for harvest
GRAIN BINS | Preparation tips to prevent spoilage and be safe
The first step in minimizing grain spoilage from insects is to start with a clean bin. Grain-feeding pests can survive on residual grain, broken kernels, fines, foreign material and moulds accumulated inside grain bins and around the bin perimeter.
Grain storage decisions more complex than pure economics
Trying to save tax by delaying sales can be a treadmill you can’t get off
A paper, titled “Commodity Storage and the Cost of Capital: Evidence from Illinois Grain Farms,” says higher capital costs — mostly made up by the interest on borrowed money that could be covered by grain sales — affect the storage decisions of some but not all farmers.
U.S. farmers face harsh economics with record corn supplies in silos
Growers miscalculated when they held on to corn rather than booking sales, experts say
Farmers across the United States are kicking themselves for putting off corn sales after fields dried up in May and June, fueling expectations for higher prices and smaller harvests. Instead, prices tanked as rains saved the crop. The size and speed of the price collapse stung farmers and left their storage bins stuffed with record amounts of corn.
War teaches Ukrainian farmers tough lessons
As the war approaches its second anniversary, the farmers who adapted earliest have been in the best position to survive
Feb. 24 marks two years since Russia's invasion of Ukraine. It seems like a short time, but it has caused huge upheaval in our society. Hundreds of thousands have died and millions have lost their homes.
Cyber-Savvy Farmer
