Last week I saw several South Dakota grain elevators with big mounds of grain sitting in the weather still. Lot of carry-over from last harvest. A few of the mounds looked like beans from the road.
Yup, lots of corn and some soybeans still on the ground. Lots more still in bins. Nobody wants it. For much of the corn, it was never dried last fall, piled in a big pile, and by now is rotting and molding but not worth the cost of hauling it. It might end up as cattle/hog/chicken feed, but a lot of it will be left to rot since it isn't worth much.
Cheap feed will make for cheaper beef and really cheap pork/chicken prices by next year.
