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Re: Feeling the need for a bin.


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Posted by coonie minnie on December 01, 2016 at 08:19:15 from (50.123.237.26):

In Reply to: Feeling the need for a bin. posted by Dave H (MI) on December 01, 2016 at 07:49:20:

Forget about a used bin. By the time you take one down, and put it back up, replace the bolts etc. You have nearly a new bin with less lifespan. And the cost for the concrete pad and electrical will be the same.

Build it bigger than you need. Then when you have another field in two years or you have aa good crop it will fit.

You are on the right track though, something with a good aeration floor will help you get done. And it will make you money- money that will make the bin not a cost, but a profit builder. Example: blending soybeans will even out moisture levels. Figure out what a load of 15% beans costs you in dockage. Or a load of 10% in lost bushels sold. I had some too wet last year and some too dry, but had them in two seperate bins. I was able to blend the loads to 12.5-13.0 with minimal hassle. You'll be able to pull some moisture out with a floor as well.

You'll be able to capture some basis gain as well, and you'll be able to market somewhere other than the local elevator. Odds are that will net you some even after paying freight. Current basis difference between the local elevator and the port is 45 cents. It costs we an additional 13-14 cents to get to the port. Having a bin earns me 30 plus cents just by having flexibility. And the elevator is full here, so I'd be screwed with that option if I had no bin.

Corn will be a bit fussier, but you could store 16-17 % corn for a couple weeks with reasonable aeration. Or you could consider a dryer.

Good luck.


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