NEWS
Market Matters
Mary Kennedy DTN Basis Analyst
Fri Aug 8, 2014 02:17 PM CDT

OMAHA (DTN) -- With a large corn and soybean harvest looming and an abundant wheat crop expected in the Northern Plains, farmers and elevators are nervous that the delay in rail car placements will continue and storage will fill up on the farm and at the elevator, forcing some to store grain on the ground. There are reports of winter wheat piles already seen in South Dakota and Montana with winter wheat harvest only 55% complete in South Dakota and 40% complete in Montana as of Aug. 3, according to USDA's weekly Crop Progress Report.

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