A terminal elevator is a large

grain elevator A grain elevator is a facility designed to stockpile or store grain. In the grain trade, the term "grain elevator" also describes a tower containing a bucket elevator or a pneumatic conveyor, which scoops up grain from a lower level and deposits ...

with the capacity to transfer grain to rail cars, barges, or ships for transport to domestic or foreign markets. Terminal elevator markets are used as base locations for posted county prices.

References

* Grain elevators {{Agri-stub