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Bin Rental

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    #13
    It can be as high as 30 cents here. But then everything is stupid here.

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      #14
      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.

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

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          #16
          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.

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            #17
            Originally posted by wmoebis View Post
            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.

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              #18
              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.

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