Sodbustr - 11/19/2017 09:43
hinfarm - 11/19/2017 09:09
Couldn't you accomplish that buy doing foreword contracts for harvest delivery?
Keep in mind the guy asking that just might have done about everything wrong in marketing this year!
You can for sure. There are other ways to market grain without bins.
For the record, I think bins are worth the money and an important tool in a farm operation, but when guys say the can 'get 0.40 more for 6 months storage, its a no brainer!' they are farming gross dollars. On corn right now the money will cost you at least 0.10. Electricity 0.05, extra time and handling 0.05-0.10
(depends on bin size
) vs leaving it on the truck off the combine. Then pay yourself 0.10 for bin rent to cover wear and tear, taxes and depreciation.
A 0.40 carry for 6 months in this situation leaves you a whopping 0.05-0.10 a bushel. And you have the risk of damage and over drying the bottom 1/3.
Again I am not anti bins, but it ain't all roses if a guy is honest with himself.
Value of grain bins
