Iowa Is National Leader In Grain Storage - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iowa Is National Leader In Grain Storage

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Iowa Secretary of Agriculture Bill Northey says Iowa has become the national leader in both on-farm and off-farm grain storage capacity. Northey says Iowa's new grain storage capacity increased by 225-million bushels in 2008, and that figure doesn't even include new facilities built to solely to replace existing capacity. Iowa farmers, Northey says, continue to reinvest their profits in Iowa.  

Iowa's overall storage capacity has increased every year since 1999. Iowa now has total grain storage capacity of 3.28 billion bushels. This includes on-farm capacity of 1.95 billion bushels, and off-farm capacity of 1.33 billion bushels.

Iowa has been the number one total grain storage state in the United States, as well as the top on-farm storage capacity state. The huge, 2008 increase allowed Iowa to surpass Illinois as the top off-farm storage state.

Ag Secretary Northery points out, "When farmers profit, they invest that money right here in the state, which is a significant benefit to Iowa's economy. These facilities represent a significant investment in Iowa."

Northey says Iowa's total new grain storage investment in 2008 was around $ 300-million.     

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