Drying Costs and Shrink Losses Are Large in 2009
Gary Schnitkey ( October, 2009 )
Summary
Moisture levels on corn are much higher this year than in recent year, with some farmers harvesting corn with moisture levels in the high 20% range. These high moisture levels will result in shrink and drying costs for grain delivered to elevators and processors that could be near $100 per acre. Higher drying costs will further increase costs in a year in which per acre costs will be significantly above costs in any other year. Moreover, these drying charges may not have been built into budgets as the above average moisture levels were not anticipated at the time of budgeting. Hence, cash flows could be tighter than anticipated.
Details
| Organization | University of Illinois Extension |
| Publisher | University of Illinois |
| Publication Date | October, 2009 |
| Publication Views | 218 |
| Material Type | Written Material |
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