Some are still used, but many small operators have gone out of business. In the on-going farm crisis of the 1970s and 1980s, hundreds of small midwestern elevators went bankrupt. Farmers lost the grain they had entrusted to the elevator, as creditors seized the owners' stock.
Now most farmers store their own grain, or they ship it to elevators owned by transnational grain traders like ConAgra and Cargill.
ConAgra web site
Cargill's web site
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