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You are here: Home / Agriculture / Elevators feeling the pinch of low grain prices

Elevators feeling the pinch of low grain prices

July 12, 1999 By admin

Farmers aren’t the only ones feeling the pinch of record low grain prices.Elevators are also experiencing problems brought on by the low prices. AdamSuntken (sunken) is with the A-G-P Co-op in Klemme. He says his elevator isfull of grain and that doesn’t include farmer-owned grain in storage. Suntken says the co-op has seen demand for all the products it supplies godown. The U-S Department of Agriculture Monday cut already low average prices onwheat, corn, and soybean crops. The USDA says the price drop is due to goodgrowing weather, high yields, and plenty of grain still left from last year.The Department predicts this year’s corn crop will push the nation’sstockpile to its largest amount in eight years.

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