Grain Elevator Construction Up In Great Plains
KSCB News - December 1, 2010 12:00 am
Grain elevators have been going up across
the Great Plains thanks to a strong corn crop and a desire to hold
onto the grain until prices improve.
Storage capacity at the nation’s federally licensed grain
elevators is at an all-time high, but there’s still not enough in
states like Kansas and Nebraska. In those states, millions of
bushels of grain have been piled up outside elevators at risk of
damage from foul weather.
That demand, coupled with low interest rates, has resulted in
lots of grain elevator construction.
The work has created temporary construction jobs, but the bigger
impact for rural towns may be the boost in property taxes that will
accompany the expansions. That could help schools and municipal