| Global grain supplies are soaring, which will cause an eventual slowing of food price inflation. Towering like a missile above the Illinois prairie town of Monticello, the galvanised metal silo that Topflight Grain Co-operative has just added to its storage complex can hold an awful lot of corn: 19,000 tonnes.
Yet after a mild, wet summer – perfect for growing chunky ears of yellow corn – the extra space may not be enough. Derrick Bruhn, Topflight’s grain merchandiser, warns some of it will end up piled high in outdoor mounds as farmers dump their harvests. “It will be difficult to find a place to put everything,” he says...............................................Full Article: Source
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