Corn is backing up in the system with many grain elevators full from the harvest rush. Advance Trading Risk Management Advisor Tommy Grisafi said it is a timing issue. “Everyone pushed back freight and trains because they said we can’t have a train showing up in September, we may not have a crop,” said Grisafi. “Remember the talk about leaving the corn in the field because it was so wet and letting it dry through the winter? That corn is coming off 15 percent moisture and going right to town.” Grisafi said the cash market will respond when the shuttle trains are on the schedule. “There is a phenomenal crop, but it’s not that it was so big that the elevator system will be overplugged for months.”
