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| I’m in NE IL. So in all reality if you can get good hedges in place and protect the balance with options the only advantage of bins is easy of harvest and a little more attractive drying and shrink charges?
With capturing the carry and small improvement in basis I would be able to gain 30-40 cents pretty quick. However if it costs me 3-5 cents to move bushels in and out. Plus interest from fall to July I will cost me 15-18 cents. All of a sudden I am left with 10 cent advantage to pay for the bin, taxes, insurance and extra equipment (augers and other items)
Or am I not looking at something correctly? | |
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Selling the Carry and Bin ROI
