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This year’s late harvest has domino effect

Oct 04, 2019 at 09:15 AM CST

The immature crops, rain and snow that have delayed harvest will have wide-ranging ramifications: some are obvious and some are not. The financial hit is at the top of the obvious list. A lot of malting barley has been reduced to feed and a great deal of wheat and durum will now fall into the bottom grades. On top of that, many producers will spend a lot more on grain drying costs than in a more normal year.