With the current market conditions and overseas trade challenges, many farmers are holding onto their grain for the right time to sell. But holding grain longer brings challenges that can impact its overall quality and value. Even small declines in quality and small amounts of shrink can quickly cancel out the benefits of waiting for a higher market price.
John Mays, the senior director of specialty ag at Central Life Sciences, talks about how grain quality can decline during longer storage times.
Growers who have to store their grain for longer periods have options to protect their grain quality and give themselves more time to market it.
Unfortunate geopolitical and trade tensions are also forcing farmers to hold onto their grain.
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