How much grain storage was destroyed in Iowa?
can FBN hire a few interns to look at how many bins got blown over using before and after satellite images
Better question is how much grain was destroyed and wont get to the bin?
Saw a pioneer agronomist on youtube the other day. His estimate is 60% within the storm damaged area.
I would say both are extremely important questions. The loss in storage will likely be a local problem during harvest, but an opportunity for cash grain that can be stored and brought into the area with a strong local basis next summer.
The question of how much corn got destroyed would matter for the WASDE reports, and affect the ending stocks next year. In the grand scheme of things I would say basis matters more the closer you live the the affected area, as long as you weren’t affected.