Grain Elevators Weigh Opportunities for Improved Margins

Wide carry in futures markets, weak harvest basis and low transportation rates suggest positive prospects for elevators  

DENVER (November 29, 2017) – The coming year is likely to offer opportunities for grain elevators to secure positive margins, according to a new report from CoBank’s Knowledge Exchange Division. Significant carry, a weak harvest basis and low transportation rates point to improved margins for 2018. Additionally, a wet fall in the Eastern Corn Belt and Northern Plains will likely improve drying revenue in those areas.  

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Media Contacts

Julie Davis
Corporate Communications
303-740-6581
judavis@cobank.com

Dave Harding
Knowledge Exchange
262-825-7926
david.h.harding@outlook.com