Monday, November 8, 2010
Corn Supply - Meredosia
One sure sign of a bumper crop is the amount of corn stored on the ground. While this years crop is a decent one, it did not meet expectations. My thoughts early on were that we were set up for a record crop because of early planting and generous moisture. It turned out the moisture was too high. Below is a photo of corn stored on the ground at the Barge loading facility at Meredosia on the Illinois River. This is one of the few places I have seen corn on the ground and it looks like the storage is sophisticated enough that where it is stored is not a factor in grain quality. Also I expect that the grain will be loaded on barges and shipped to New Orleans as soon as barges become available.