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World’s First Collapsible Grain Bin

World’s First Collapsible Grain Bin

The 2023 Cultivator AgTech Summit, held during Canada's Farm Show, showcased a new ag product that impressed all the farmers in the audience: the T-Bin.

By Haley Bilokraly,
Farms.com Marketing Intern

Winning the People’s Choice Award and a prize of $1,000, the T-Bin was recognized for being the first mobile grain bin in the world. With its telescoping abilities, versatility, and storage capacity, the T-bin is transforming the way farmers store their grain during harvest.

The T-Bin stands out as a large-scale bin that can be effortlessly moved from field to field. It boasts an impressive storage capacity of 10,000 bushels, providing farmers with a substantial buffer capacity in the field. When transport is required, the T-Bin easily condenses to below 17 feet in height and 27 feet in width in less than 10 minutes, enabling convenient transportation through fields and roadways.

Farmers particularly appreciate the T-Bin when faced with challenges of limited truck storage during harvest. With the T-Bin, farmers can expand their storage capacity by easily moving their grain bin right into the field.

To learn more about the T-Bin and its exceptional features, watch an exclusive video featuring Pat Beaujot, the co-founder of T-Bin.

In this interview, Pat shares valuable insights into how the T-Bin works, its benefits, and how this game-changing innovation is reshaping grain storage practices for Canadian farmers.




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Grain Market Outlook Price Prospects for 2024

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Joe Janzen and Scott Irwin of the University of Illinois provided an in-depth analysis of the grain market outlook for 2024, including price forecasts, global supply and demand trends, and marketing implications for corn and soybean producers.

Key topics covered:

Review of 2023/24 USDA February WASDE report results Old and new crop corn and soybean balance sheet forecasts Export sales pace comparisons to previous years South American soybean production estimates Impact of input costs and interest rates on marketing Benchmarking farm-level marketing performance As grain prices face downward pressure in 2024, the presenters emphasized the importance of having an active marketing plan in place, rather than a 'store and ignore' approach. They provided insight into strategies for forward contracting, making new crop sales, and capturing opportunities in a volatile market environment.

Overall, an excellent webinar reviewing the latest market analysis and offering actionable strategies for crop producers facing a more challenging economic climate this year.

 

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