A 1.4-Billion-Bushel Grain Storage Shortfall

The U.S. is facing a potentially 1.4-billion-bushel shortage of upright grain storage this year. With a large incoming crop and uneven export markets, CoBank Grains and Oilseed Economist Tanner Ehmke says farmers will face some difficult decisions once harvest is wrapped up. “We’ve got a record corn crop, which is going to be competing for storage with soybeans and wheat, and we’re coming off of the largest wheat harvest in about five years.”