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2016 Logan County Fall Farm Outlook Magazine

Lincoln Daily News

Oct. 27, 2016

13

into the dead of harvest and everybody is hauling corn

to town and the corn is making into the 200 range as

far as yield, we can go to a grain bin and basically

the only line we have is our own. We don’t have to

worry about waiting on if there is a long line and a

lot of bushels that have to be dumped. If we’ve got a

bin sitting at the corner of the field or even a couple

miles down the road, it kind of makes us a little more

independent as far as dumping grain and it makes us

more efficient on our farm. We can dump it without

having to relying on someone else to be there to take

it. That kind of helps on our end.” Olson continued,

“Or say the elevator closes at seven and we decide we

want to run a couple more hours, we can dump corn in

a grain bin after-hours. It makes it so we can set our

own schedule and move at our own pace if we want to.

Particularly if the storage already exists and you don’t

have to spend the money to build it.”

In the Olson’s case they actually had to rebuild a grain

site once. Blane and his dad, John, have their own

grain facility out by the Elkhart coal mine. “A tornado

actually wiped that whole bin site out in 2009 and

that was the year the crop was real wet and we never

started harvest until like the first of October,” the

younger Olson explained. “They rebuilt and we used

that facility that fall. We have a dryer there so we can

dry our own grain and then store it. That gives us the

ability to play that game with the buyer. If they want

it all at once we’ve got the ability to sell bushels that

are sitting there ready to go and then we can save a

little money drying it ourselves versus paying to have

it done in town.”

Olson’s vast experience with on-farm grain storage

shows in his knowledge. “Another advantage to

grain storage is let’s say I deliver a bushel of corn to

the elevator and I decide I don’t like today’s price,

you have the option to store it in commercial storage

and you pay a fee. But once my grain bins are paid

for it doesn’t cost me anything to store it on my own

farm, outside of labor and management, you know,

utilities and things like that. It’s more cost effective

if you have storage to store it on-farm,” noted Olson.

“In this business, diversification is huge and it gives

us more opportunity to diversify our operation from

not only a pricing strategy but also efficiency and

independence and things of that nature. So there’s a

Continued ►

As John Olson left the site of his nearly completed

new grain bin for the day on Aug. 19, 2009, he warned

workers finishing construction about the coming

storm. When the workers saw it coming about 20

minutes later, everyone dropped everything and left.

Just minutes later an EF 3 tornado swept the concrete

pad nearly clean of all but a fan. No one was hurt.

Photo by Jan Youngquist