Grain bagging and unloading implements are billed as pieces of iron that help farmers market for profit. Three dealers explain how they’ve approached this new equipment niche.
The September 2018 World Agricultural Supply and Demand Estimates (WASDE) report released on Sept. 12 pushed corn prices down lower with futures down more than 3.5%. According to Farm Futures, larger-than-expected yield estimates and other bearish data pushed futures down nearly 4%. September futures dropped 13.75 cents to $3.4150, while December futures fell 14.25 cents to $3.5250. These conditions make temporary grain storage, like bagging grain, a good option for farmers.Read More