Tuesday, September 30, 2014
   
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All Points reaps harvest

Costello: Best fall ever.

What’s left of the 2011 corn crop dries under warm, October skies.

Enough rail cars are provided, in timely fashion, to ship out Gothenburg grain.

The elevator at All Points Cooperative hums as up to 75,000 bushels is lifted per hour and carried to bins or rail cars.

 

Backed-up trucks, waiting to unload grain, have been minimal.

 

Ask All Points vice president of grain Steve Costello about harvest this year and he’ll tell you it’s been the best for the cooperative.

“The elevator is done, the corn is dry and the railroad is doing a nice job in getting us cars,” Costello said.

A little more than two years after an explosion ripped through the elevator in November of 2008, two more blasts occurred on Dec. 29, 2010.

The last explosion damaged the roofs of bins and elevator legs that move grain throughout the system.

A custom-made distributor was installed last July.

Aside from a few minor things, Costello said grain handling equipment has worked well.

If favorable weather holds, he said farmers should wrap up corn and soybean harvest in a couple of weeks.

Last year’s weather also favored farmers but Costello said the cooperative was trying to move the 2009 crop out of storage and wasn’t empty like this year when harvest began.

So far this October, Costello said a record six grain-filled trains have been shipped, compared to four in previous years.

“Guys are working their tails off,” he said.

Prices are nothing to sneeze at either, even though cash corn prices have dipped since August’s $7-a-bushel high.

The cash bid for corn was $6.35 per bushel Monday compared to an average of $5.24 in October of 2010. Soybeans have remained high at $11.44 compared to an October average of $11.38 last year.

Irrigated corn yields are down a bit but dryland corn looks good, Costello said.

Strong grain prices and good yields are expected to push farm income in Nebraska to a record $5.4 billion.

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