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    #46
    Originally posted by ttaxidermy View Post
    Ok it just hit me..

    10,000 tons x 2,000lbs per ton = 20,000,000lbs.... Daaaummmnnnn!!!!!
    20 million pounds!!!!! WOW..

    At $2.75 a pound that's just $55,000,000......


    Rest assured it’s insured


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      #47
      Originally posted by ttaxidermy View Post
      Ok it just hit me..

      10,000 tons x 2,000lbs per ton = 20,000,000lbs.... Daaaummmnnnn!!!!!
      20 million pounds!!!!! WOW..

      At $2.75 a pound that's just $55,000,000......
      Where'd the $2.75/lb come in? Corn is trading at $3.57 for a 56lb bushel, or $.06/lb. Value of 10,000 tons of corn is about $1.25MM

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        #48
        Originally posted by Stolle View Post
        Probably end up at an ethanol plant. That's exactly how they store it. Dump it right on the ground.
        Not quite exactly it's stored on the ground but the ground is typically graded, and dirt not gravel! Then it's tarped and ventilated. Quality is essentially the same as if it was stored in the bin.
        Originally posted by ttaxidermy View Post
        Ok it just hit me..

        10,000 tons x 2,000lbs per ton = 20,000,000lbs.... Daaaummmnnnn!!!!!
        20 million pounds!!!!! WOW..

        At $2.75 a pound that's just $55,000,000......
        Just shy of 1.2 mil. Actual value at the elevator is nowhere near what you guys pay for bait down south!
        Originally posted by sasqy View Post
        Wait till it affects the corn prices
        Everytime Exxon spills it costs us big time
        In the scheme of things this isn't even a drop in the bucket. Realistically it wont cause a blip on the radar.

        The issue here is most likely the weight of grain combined with age of bin. That bin was probably built 30 years ago, and test weight on grain was substantially lower then it is now. We're packing the same bushels in the bin now, it just weighs more.

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          #49
          Originally posted by curtintex View Post
          Where'd the $2.75/lb come in? Corn is trading at $3.57 for a 56lb bushel, or $.06/lb. Value of 10,000 tons of corn is about $1.25MM
          Yea I screwed up on that bad..
          I came to make correction but see that Several discovered my mistake.
          In November, when I was hunting in Nebraska, our land owner said it was selling for $2.86 a bushel at that time..
          Last edited by PondPopper; 01-24-2018, 08:00 PM.

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            #50
            Originally posted by ttaxidermy View Post
            Yea I screwed up on that bad..
            I came to make correction but see that Several discovered my mistake.
            In November, when I was hunting in Nebraska, our land owner said it was selling for $2.86 a bushel at that time..
            Yep that'd be close then. It's come all the way up to 3.30 now!

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              #51
              I'd set up on the drain to the northwest.

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                #52
                Dang what a mess.

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                  #53
                  That can be very bad. Had a friend in high school who's dad was killed when he was buried while working at the grain elevator. Most folks wouldn't think you could drown in corn or wheat but that stuff comes at you fast. There is a lot of tonnage stored in those silos. Its like being caught in an avalanche.

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                    #54
                    400,000 sacks of corn. How would you like to stack that on pallets?

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                      #55
                      Originally posted by dagdog View Post
                      That can be very bad. Had a friend in high school who's dad was killed when he was buried while working at the grain elevator. Most folks wouldn't think you could drown in corn or wheat but that stuff comes at you fast. There is a lot of tonnage stored in those silos. Its like being caught in an avalanche.
                      I absolutely can believe that...

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                        #56
                        Who needs corn??

                        That stuff would be gone in a week if you told deer hunters they could have it for $2/50[emoji23]. Fill up my truck bed!

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                          #57
                          It could be gone in a weekend if they did that.

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                            #58
                            Cleanup on isle...nevermind!!!!!!!

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                              #59
                              Originally posted by dagdog View Post
                              That can be very bad. Had a friend in high school who's dad was killed when he was buried while working at the grain elevator. Most folks wouldn't think you could drown in corn or wheat but that stuff comes at you fast. There is a lot of tonnage stored in those silos. Its like being caught in an avalanche.
                              Yep. If you really want a surprise Google videos of grain bin entrapment. When unloading the bins it's somewhat common (typically hear of 1 or 2 a year) for people to be sucked down in and suffocated. It doesn't take long.

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