![]() ![]() ![]() “Our next best option is to find a place to sell it, so you get that harvest pressure.” “We’re out of storage,” said Richard Guse, a Minnesota farmer who also co-owns a grain elevator. Growers, still hoping to wait out the downswing, want to store as much of their crops as possible, but warehouses are rejecting spot deliveries because of a lack of space, in some cases for longer than farmers can remember. exports still wrong footed some farmers, storage operators and traders, meaning the outlook for farm incomes and prices might get even bleaker than now painted by official forecasts. The scramble shows that even in the third year of a global supply glut the exceptional yields and weaker than expected U.S. grain warehouses are filling up so fast with a bumper harvest that they are storing soybeans and corn out in the open despite the risk of damage and even refusing crops from farmers without binding contracts. LAKE CRYSTAL, Minn./CHICAGO, Oct 27 (Reuters) - U.S. ![]()
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