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Webcast: Crop storage utilization situation and outlook
15 May 2020
The USDA has reported that a huge 2020 grains crop is expected
in the US according to the May WASDE report, including the
potential for over 18,000 million bushels of corn, over 4,700
million bushels of soybeans and over 3,000 million bushels of wheat
expected to be produced. All of this 2020 supply needs to go
somewhere, which raises the question on US storage capacity.
On this webcast, Ken Eriksen, Senior Vice
President of Client Advisory, Energy, Transportation and Policy,
talks through IEG Vantage's latest analysis on the storage
utilization situation in the US, in terms of:
What's expected to happen regarding this year's crops
supply?
Do US commercial and farmer storage facilities have enough
capacity for the 2020 crop?
What is the impact on the US transportation if it does move and
feasibility?
