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Implement Alley Discussion Forum

Re: While we are on the subject of grain bins....

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10-23-2013 08:12:18

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cd is right on.But the elevator still wont accept it it if its too wet to store.While 13.5% is 'storable',some elevators will accept it at 15.5%.

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10-23-2013 08:41:38

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 Re: While we are on the subject of grain bins.... in reply to DeltaRed, 10-23-2013 08:12:18  
Elevators charge drying and shrinkage for anything above 15.5%. Plus 3 cents/month for storage. That"s why we dry and store at home. Also no danger of the elevator going belly up and not have enough bonding to cover inventory. Storing at an elevator, you"re likely to be able to sell only there. Plus there is the 10-15 cent dump charge with many. And the same if you want to take it out.

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10-23-2013 08:56:10

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 Re: While we are on the subject of grain bins.... in reply to JMS/.MN, 10-23-2013 08:41:38  
I understand the "outbound load out charge", but I've never heard of an "inbound" dump charge. Wow, I"d be looking for a different elevator.

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10-23-2013 10:48:07

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 Re: While we are on the subject of grain bins.... in reply to randallinMo, 10-23-2013 08:56:10  
Some years ago I dropped some acres for a year- didn"t need all my bins. Same year the nearest private elevator filed BK- (1.1 million) early years I stored there. My empty bins looked like pretty cheap insurance then.

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