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North American grain surplus strains storage space
North American granaries face overflow as a record wheat surplus nears 600 million bushels. Europe endures subnormal crops and animal feed shortages amid wartime disruption. Storage at major terminals nears capacity while Canada and the United States carry large old and new crop stocks. Elevator space in the southwest is exhausted, with shipments diverted to ease congestion.
MENTIONED IN THIS ARTICLE
Chicago
Europe
North America
Russia
United States
Canada
Prospect Dominion
Bond