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Value of grain bins
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Loner
Posted 11/18/2017 19:06 (#6373906)
Subject: Value of grain bins


As a small farmer watching bin sites being erected around me larger than the local coops, I think I finally understand the real value. As a large farmer walks around these bohemoth bins with his lender/banker claiming x amount of bushels, saying" yep this one's 3/4 full, this one over here is plum full, and a few over there are about half full." The value in "about this full" can equal hundreds of thousands of fake value. How many of these farm credit guys actually climb to the top of these 100,000 bu bins. It's pretty easy to look at my small set up and coop storage receipts to see what us small guys have.
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