Dec. corn below $5.

They dont sell they only buy. It all goes to delaware for all the chicken houses. They had 4 million dollars in corn piled under a big tarp system last winter cause all the bins were full.
 
shadyhollownj":xd664oim said:
They dont sell they only buy. It all goes to delaware for all the chicken houses. They had 4 million dollars in corn piled under a big tarp system last winter cause all the bins were full.

:shock: :shock: :shock: That means they also had 4 million in cash or borrowed money tied up in a pile of corn. Wonder why they take delivery on all of it at one time? I'm assuming they bring it in by rail or is NJ that big of a corn producer?
 
Bigfoot":3vhl9t2d said:
Ddg is exactly 25% higher than the cash price on corn here today. I know they are two different products with different analysis. It just seems backwards to me.

DDG has more protein and more feeding value than corn, but 125% is overpriced.
Some of it gets exported from the US, so on average the market is "fair."
Sounds like you are not close to an ethanol plant?
 
It is all brought in by tractor trailer from local farms. It goes out by rail to delaware. They had two piles with corrugated pipe hooked up to blowers under the tarps. Its not that there is that much corn raised here its just every farm is pretty much beans or corn. There isnt the cows and dairys that there used to be. Growmark fertilizer is right next to perdue and that how I found out that the piles were 4 mil let alone what they have in the huge bins. When they started hauling it down to delaware this spring they had two Cat D8 on the pile pushing it to conveyors. Its the only place to bring any grain in south jersey. The only other spots are in Pa or delaware. Its pretty much all the grain produced from a 50x50 mile area. I think Perdue (the chicken guys) have several places that big in delaware and maryland.
 
Stocker Steve":1e82px1y said:
Bigfoot":1e82px1y said:
Ddg is exactly 25% higher than the cash price on corn here today. I know they are two different products with different analysis. It just seems backwards to me.

DDG has more protein and more feeding value than corn, but 125% is overpriced.
Some of it gets exported from the US, so on average the market is "fair."
Sounds like you are not close to an ethanol plant?

Sad truth is, there is one right here in town.
 
TexasBred":2n8qx2vu said:
Bigfoot":2n8qx2vu said:
Ddg is exactly 25% higher than the cash price on corn here today. I know they are two different products with different analysis. It just seems backwards to me. Is there another use for this byproduct? If there is, I'm not aware of it.

Bigfoot DDG should be priced against other protein sources such as cottonseed meal, soybean meal, canola etc. to determine IF you're price is a good price. quote]

I supposee the high soybean prices are driving DDG -- not corn prices.

Is DDG pricing seasonal enough to justify storage?
 
Stocker Steve":1m5cz87q said:
TexasBred":1m5cz87q said:
Bigfoot":1m5cz87q said:
Ddg is exactly 25% higher than the cash price on corn here today. I know they are two different products with different analysis. It just seems backwards to me. Is there another use for this byproduct? If there is, I'm not aware of it.

Bigfoot DDG should be priced against other protein sources such as cottonseed meal, soybean meal, canola etc. to determine IF you're price is a good price. quote]

I supposee the high soybean prices are driving DDG -- not corn prices.

Is DDG pricing seasonal enough to justify storage?

Steve soybean meal is usually the "gauge" that other protein sources use to arrive at their price. As long as it remains high the suppliers of the other products know they don't have to go down in price regardless of supply. If you think you are being offered a really good price you might look at contracting the DDG for a specific period of time but let the mills store it. They'll build the storage into their price.
 
TexasBred":1dg65zxp said:
Stocker Steve":1dg65zxp said:
Is DDG pricing seasonal enough to justify storage?

Steve soybean meal is usually the "gauge" that other protein sources use to arrive at their price.

I was looking into commodity storage but I think corn silage is the deal this winter. It is priced like beet shreds at about 8 cents per lb , but with a little less moisture and no weekly trucking to coordinate. :banana:

What is the "shelf life" for DDG?
 
the shelf life for dried distillers stored under cover is pretty long. Wet stored piled up gets rough looking but it holds its nutritional value. I kept a pile all thru the winter.

Distillers is a perfect feed for mixing with roughage, better than SBM or other protein sources. So it holds its value real well in cattle country.
 
Howdyjabo":1ksp6c7s said:
the shelf life for dried distillers stored under cover is pretty long. Wet stored piled up gets rough looking but it holds its nutritional value. I kept a pile all thru the winter.

Distillers is a perfect feed for mixing with roughage, better than SBM or other protein sources. So it holds its value real well in cattle country.

I was looking a a DG and hay back grounding ration, but I think corn silage is currently cheaper.
 
Howdyjabo":ttqc2lxf said:
the shelf life for dried distillers stored under cover is pretty long. Wet stored piled up gets rough looking but it holds its nutritional value. I kept a pile all thru the winter.

Distillers is a perfect feed for mixing with roughage, better than SBM or other protein sources. So it holds its value real well in cattle country.

Not so. It does have a higher fat content and a bit more by-pass protein, but soybean is higher in protein, TDN, all energy values and even price sometimes. DDG feeding has limiting factors. Even cottonseed meal is often the best buy and gives excellent results.
 
Stocker Steve":1sffjbnx said:
I was looking into commodity storage but I think corn silage is the deal this winter. It is priced like beet shreds at about 8 cents per lb , but with a little less moisture and no weekly trucking to coordinate. :banana:

What is the "shelf life" for DDG?
That fella charging $.08 per pound of corn silage sure isn't bashful now is he. If I were you I would buy shell corn for 7.5 cents per pound and cornstover bales for $.02 per pound and call a man with a tub grinder and save yourself some money.
 
ibetyamissedme":14m2hg1o said:
Stocker Steve":14m2hg1o said:
I was looking into commodity storage but I think corn silage is the deal this winter. It is priced like beet shreds at about 8 cents per lb , but with a little less moisture and no weekly trucking to coordinate. :banana:

What is the "shelf life" for DDG?
That fella charging $.08 per pound of corn silage sure isn't bashful now is he. If I were you I would buy shell corn for 7.5 cents per pound and cornstover bales for $.02 per pound and call a man with a tub grinder and save yourself some money.

I'd second that. $160 a ton is alittle silly. For those that do feed silage to bred beef cows or bred beef cows with calves still at the side, how many pounds would you suggest they get if the only dry hay available to them is CRP hay?
 
So I had to pour some concrete slabs at the local Growmark FS fertilizer dealer and snapped a pic of the corn piles they set up every year. There is 1 million bushels between the two piles. They had these piles up in early October. Didnt know if they did it anywhere else like this. Corn is 3.75 and they dont even take it all the time they are so filled.


IMG_0436_zps9bfe0476.jpg
 

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