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Before prices plunged last summer, Henebry said he sold some corn for $5.50 to $5.70 per bushel and then for as much as $6.21 per bushel delivered to the grain elevator.
Many Midwestern farmers still have grain left in storage from 2023, after they refused to sell a record corn crop due to low prices. Now, dry weather is accelerating this year's harvests and ...
Grain storage on a subsistence farm is primarily based on minimizing grain loss. ... Storage Cost (US$/Mg/year) Postcosecha silos: 1360 145 25 to 40 4.26 to 2.67
Under the Wilson administration during World War I, the U.S. Food Administration, under the direction of Herbert Hoover, set a basic price of $2.20 per bushel. The end of the war led to "the closing of the bonanza export markets and the fall of sky-high farm prices", and wheat prices fell from more than $2.20 per bushel in 1919 to $1.01 in 1921 ...
Loan Rates per Unit Corn $1.95/bushel Upland cotton $0.52/pound Wheat $2.94/bushel Rice $6.50/hundredweight Peanuts $355.00/ton Soybeans $5.00/bushel Grain Sorghum $1.95/bushel Barley $1.95/bushel Oats $1.39/bushel Oilseed (sunflower, flaxseed, canola, rapeseed, safflower, mustard, crambe, sesame seed) $0.1009/pound
The drying cost is made up of two parts: the capital cost and the operating cost. Capital cost is largely depend on the drying rate requirement, and equipment cost. Operating cost refers to fuel, electricity and labor force cost. The amount of energy required to dry a bushel of grain is similar for all the drying methods.
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