Bin Rental

[wmoebis]

I pay .10 cents for flat bottom grain storage and .15 cents for hoppers. If there is air, we agree on a price before hand.

How long do you use it for at that price? What if it doesn't move for year or more?

[hobbyfrmr]

One of my neighbors has a great skill. He finds all the empty bin storage on people's yards then asks to use them. Those bins are good the grain keeps a long time.
When those bins are full usually he piles the wheat or barley. Most times he sells one load from the piles then the remainder heats and within a couple years it rots. After 3 years he hires the neighbor for custom seeding for canola, the neighbor doesnt like to go around rotten pile so he brings his loader and spreads out the rotten grain.
When other neighbors are looking for extra bin space all they have to do is ask our local free bin storage broker at morning coffee.
It works great.

[blackpowder]

It can be as high as 30 cents here. But then everything is stupid here.

[Lex]

Norenda Storage at Gerald, SK charges $0.75 per mt per week. I'll let you figure out what that costs.

I figure it costs about $0.25 per bushel per year to own a hopper bottom bin. That could be lower if you believe the life of the bin is greater than 25 years.

[Lex]

At $.15 per bushel you could store at Norenda for 9 weeks.

[Lex]

And if you agree with my estimate of $0.25 per bushel for ownership and you can empty the bin and refill it in one year your cost per bushel falls to 12.5 cents.

[Koldkanuck]

How long do you use it for at that price? What if it doesn't move for year or more?

That is for 1 year or basically end of August.

[Quadtrack]

I have let my good neighbors use a bin I didn't need for no charge. And this year I'm using a neighbors for no charge. It all works out over time.
The going rate I hear is ten cents a bushel.