Abundant rain in August has helped area farmers bring in record crops this fall and with solid prices being paid for those crops, area farmers should have a good year. Rausch said the grain is piling high near at the Coop, but not because there are not enough train cars to haul the harvest to market, but because the it is a record crop. He said the shipping should be completed by the first of the year, Wheat prices have been very strong and according to report in the Wall Street Journal,...

Choked by a record corn harvest, the state's grain elevator operators are turning away soybean farmers Sunday, November 11, 2007 By Jen DeGregorio On a recent morning at the Port of Greater Baton Rouge, a line of idling trucks waited to deliver loads of soybeans to the Cargill grain elevator, which stores the crop in huge, metal bins on the edge of the Mississippi River. Choked by a record corn harvest, the state's grain elevator operators are turning away soybean farmers Sunday, November...

However, the higher corn prices may be negative for some of the livestock producers that will have to bid for corn against ethanol plants and foreign exports. Generally, the growth of the ethanol industry likely will reduce the amount of corn available for exports or livestock feed. In a short crop year, the potential is for very strong corn prices as ethanol plants and other corn-dependent industries bid for limited stocks. The question for the industry is how many more acres will switch...

Although ethanol cannot presently be moved via pipeline across the country, we will be able to truck ethanol from Ohio plants to any spot in the state for about 6 cents a gallon, and ethanol can be shipped via rail to both coasts for about 10 cents per gallon. The fact is, without ethanol added to gasoline -- more than half the nation's supply has a 10 percent blend -- the price of gasoline would skyrocket with such crude-oil prices. Although ethanol cannot presently be moved via pipeline...

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