CIL | Chief Illiniwek - 12/9/2018 09:16
It's time for my farm to expand our own storage. How do you size your bins with fields distances apart so that logistics don't make a central location possible?
In other words for ease of discussion, say you've got 2 80's that produce 200 bu corn and they rotate. For the corn, would you build a 16,000 bu bin so you hold an average crop? A 14,000 bu bin so you almost always completely fill it thus getting best return on your money? Or do you build a 20,000 bu bin because it seems like 250 is the "old 200" and you expect yields to only increase, therefore kinda planning for the future but risking the bin only being 2/3 full in an off year.
Remainder of corn will go to commercial storage/fill contracts if that matters.
Appreciate your thoughts.
I agree with the 250 bpa becoming the new 200. I've been struggling to wrap my mind around that for the last couple years, but obviously yields are screaming otherwise. I'd chart your yields for the last 20 years or so if you have the data and look at where it's headed.
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Building bins- sized by APH? Trend yields?
