Bin Rental

[FarmerSmuck]

What is the going rate for renting a bin? We are renting a 5,000 bu bin that our neighbour doesn't need.

[farmaholic]

I would pay what it costs to use a grain bag. Its got to be worth at least that!

[Rareearth]

Times two

[wedino]

$.16/bushel is what I charge for 3000 bu hopper bins. If he needs to run his fans, we agree on a price for electricity.

[farmaholic]

What is the price per bushel for the grain bag only?

[mcfarms]

6 to 8 cents approx depending on size of bag. Bags are a pain sometimes but when all your bins are full and you have to go get the bagger going its a good problem to have.

[Oliver88]

Definitely better than a bag.

[farmaholic]

Then I'm not out of line.... I'm paying what wedino suggested, fifteen cents a bushel. And damned happy to have it too! How the hell do you store a bumper crop? Doesn't make sense to have enough storage for a bumper crop and have some of them rattling in the wind most years.... unless you like speculating on grain.... which sometimes pays handsomely.

[sumdumguy]

Farma, buy at harvest, hold until Dec-Mar-June, make more than growing a crop. That has happened many times in special crops.

[Koldkanuck]

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.