We have been hauling grain since the first of November.
Last week we finished up our contracted bushels and committed another chunk of bushels to deliver before the end of the year. With Christmas and New Year’s falling in the middle of the week, we were pretty conservative on the quantity. I planned on running one truck three or four days a week, hauling two or three loads a day. (Our best market opportunities are an hour one way.)
Until this week lines were few and far between. Closures or reduced dump hours also were not common. This week, everything changed.
The ethanol plants we were hauling to are bumping on full and have reduced their hours dramatically. This started even before corn reached $4.50 futures on Wednesday. Of course, this happens right after we make this new commitment. Then, the accountant returns the 2024 estimates to me and I need to sell even more grain!
As I mentioned last month, the mill where we have been taking the majority of our grain for about a decade has really fallen off as an option and we have been forced to seek out new opportunities.
As far as the additional bushels I needed to sell.
I started the day Thursday with a sticky note of all the bids within an hour’s drive.
I re-worked my cost-of-trucking Excel sheet and added a couple more locations. From there it was just math.
I checked into the next best options and got some more corn booked. My questions to the buyers: dump hours and line length.
Dad and I again hooked up the other two trucks. (We unhooked the trailers earlier this fall to run the trucks through the shop for service) Then we loaded the trucks.
We got it worked out and should be good to go. Dad and I are going to join in the hauling so we can be sure to get it done.
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