?? High Plains Grain Storage Highly Under-Utilized ??
Ken Eriksen
Senior Leader and Strategic Advisor in Commodities, Supply Chain, Logistics and Transportation
In my latest column for High Plains Journal, I discuss the critical role of grain storage, drawing parallels to the biblical story of Joseph.
Despite the importance of storage for managing supply and stabilizing markets, the latest USDA #NASS Grain Stocks report reveals that grain storage capacity in the U.S. has only seen minimal growth.
As of December 1, 2024, the U.S. had a total grain storage capacity of 25.5 billion bushels, with on-farm capacity slightly increasing to 13.6 billion bushels and off-farm capacity remaining unchanged at 11.8 billion bushels.
The High Plains region, in particular, has seen stagnant growth in storage capacity, with only a 0.2% increase from the previous year.
Despite a significant harvest in 2024, production has been flat since 2014, leading to under-utilized storage capacity. With limited incentives to expand, the region’s storage capacity has outpaced crop production, highlighting a pressing issue for the agricultural sector.
Read the full article for more insights:?https://hpj.com/2025/01/31/high-plains-grain-storage-highly-under-utilized/
#agriculture #agribusiness #corn #soybeans #wheat #sorghum #barley #oats #HighPlains #grainstorage #supplychain #commodities
Farmer / Farm Credit Analyst
3 周In much of the western plains the bins sit empty as so much of irrigated production is now chopped for dairy feed, and feedyards have pivoted to more silage too. Where I grew up in Dallam County, Texas, there are miles and miles, pivot after pivot, of triticale that'll be chopped.