Value of 60K lbs of wheat grain?

[nathan104]

Anyone have any idea as to the value of 60,000 of wheat grain? Dad has a rail car which had a spill and they have that much on the ground which needs to be salvaged. Thought someone here might know. Thanks.

[Bearfootfarm]

Thats 1,000 bushels at around $9 a bushel. Get a shovel!!

[hintonlady]

Originally Posted by Bearfootfarm

Thats 1,000 bushels at around $9 a bushel. Get a shovel!!

Wish I had seen this before I did the math.

YUP, get a shovel !!!!!

[hintonlady]

My busy bodied DH just suggested you find a grain vac or someone who will rent one/services.

Vaccum up all the grain into a semi to sell or back into the rail car. (those have augers attached to them to put in semi) That's just too much grain to let some hustling salvage company to rob you of.

[rambler]

Now, did it get wet, dirty, etc? will decrease the value a lot. What is your local basis (pice difference between the Chicago, Minneapolis, or Kansas wheat board & your local buyers)?

Wheat has been going up & down at 30-40 cents a day the past week, so an exact price will change every 2 days!

--->Paul

[agmantoo]

Even as feed wheat that is enough grain to finish 100 each 50 lb pigs.

[DaleK]

Get a price on using a grain vac like hintonlady's husband said (and hintonlady, make SURE you tell him he was right. Hard as it might be for a wife to say). If you can't get one you should be able to get most of it without getting too much dirt if you use an auger and keep it up about 4", just sweep it around until you get down to dirt level. Then you'll have to do some work.

[nathan104]

Thanks for the replies. It spilled this morning when a rail car split open. Has not been rained on but the ground was wet so whats on bottom will be damp. They were trying to figure out if it was worth cleaning up or not. At that value the railroad will just leave it there. But, my dad was trying to figure out if it was worth salvaging himself. They had a spill 6 months ago of over 200 million pounds of corn when 35 rail cars derailed. Poeple were jumping over themselves trying to get the contract to clean that up. Ill let him know about the wheat value and see what he is going to do. The spill is in south Texas by Corpus Christi. Thanks again.

[wogglebug]

Originally Posted by nathan104

It spilled this morning when a rail car split open.

Why did the car split? Is it possible that water had got in, swollen the grain, and burst the car? if that happened, it would downgrade the grain. However, it's still worth something even as poor-grade feed for livestock. You're certainly looking at about $4,000 worth if you get it all; maybe twice that in good condition.

If you're around a grain region you may find someone (farmer or carrier) who can pick it up, truck it, dry it and grade it (get rid of dust, dirt and stones), and who isn't doing much else at this season.