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farm storage

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Catalogue: GRDC Publications
the a limit to the volume of grain that can be harvested early following epxample demonstrates one way to calculate the or at higher moisture content so the benefit may only e $20 cost of uscning our own cleaner... if we're planning to store grain in bags for a few months and deliver the same quality grain, we must account for enough time to check and repair the bags at least weekly... if we have existing storage we can check financial records to find repairs and maintenance costs on average each year, otherwise we can use a percentage of capital cost to estimate an allowance...
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Catalogue: GRDC Media
The prospect of capturing higher grain prices can be tempting but in some circumstances investing large sums of money in on-farm grain storage could prove a costly mistake... "You need to work out exactly how much the storage could earn and compare that to expected returns from other farm business investments such as buying more land, a chaser bin, a wider boomspray, a second truck or paying off debt," Mr Warrick said... The template also contains calculations to work out the fixed costs of on-farm storage such as the annualised capital costs of all of the infrastructure, site works, concrete and equipment, as well as the opportunity cost of capital...
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Catalogue: GRDC Media
On-farm grain storage decision making has just got easier, thanks to a new Grains Research and Development Corporation (GRDC) resource, Economics of on-farm grain storage... As part of the GRDC grain storage extension project, consultant Chris Warrick is also available to run workshops on the economics of on-farm storage to help growers determine if storage is the best investment for their business... CAPTION : Economics of on-farm grain storage provides guidance on the cost-benefit analysis of effective storage options...
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Catalogue: GRDC Media
Do homework on grain storage before taking plunge.. The Grains Research and Development Corporation (GRDC) publication Economics of On-Farm Grain Storage contains all the relevant questions and equations farmers need to calculate whether grain storage is right for their farm business... "To make a sound financial decision, we need to compare the expected returns from grain storage compared with expected returns from other farm business investments, such has more land, a chaser bin, a wider boomspray, a second truck or paying off debt," Mr Warrick said...
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Catalogue: GRDC Updates
Harvest logistics, access to receival sites, increasing on-farm use of grain and marketing opportunities are changing the way grain is handled and stored... The growth of intensive livestock industries offers growers opportunities to store and market their grain directly to end-users... Growers need to understand that the grain they store will eventually end up in some way in the food chain, either for milling purposes, malting or as a feed source for animals...
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Catalogue: Ground Cover
On-farm storage - do the sums first.. "There are examples of growers investing in on-farm grain storage and paying for it in one or two years because they 'struck the market' at the right time," says Chris Warrick, consultant with ProAdvice Pty Ltd... An example of an opportunity cost is the cost of having the physical grain in storage compared with having the money in the bank earning interest, or avoiding paying overdraft interest...
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Catalogue: GRDC Media
Growing profit with cost effective grain storage.. While the lure of potentially higher grain prices may be attractive, growers are being encouraged to undertake a cost-benefit analysis of on-farm storage versus bulk handler storage before making a final decision... To make a sound financial decision, Mr Warrick said growers needed to compare the expected returns from grain storage versus expected returns from other farm business investments such as more land, a chaser bin, a wider boomspray, another truck or paying off debt...
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Catalogue: Ground Cover
Colin Sinclair and his son Hamish have a mixed farming enterprise near Devenish in north-eastern Victoria, and have stored grain for a number of years, marketing their grain throughout the year... With the increase in the amount of grain being used by the feed market, a decision to increase their on-farm storage was an easy one to make... To date, a combination of silos, sealed and unsealed, and a grain shed have been used to store grain...
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Catalogue: GRDC Final Reports
Previous studies on the east coast of Australia estimated that daily yield losses were between 0.18% and 0.5% per hectare per day and quality downgrade losses due to sprouting were as much as $50 to $60 a tonne when wheat was downgraded from high to low quality grades... The purpose of the research was to determine the form of on-farm storage that delivers the greatest returns to growers... The main finding was that investment in bunkers was the most profitable form of on-farm storage, returning a net present value of $111,560.79 under an unfavourable weather scenario...
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Catalogue: GRDC Media
Growing profit with cost effective grain storage.. While the lure of potentially higher grain prices may be attractive, growers are being encouraged to undertake a cost-benefit analysis of on-farm storage versus bulk handler storage before making a final decision... To make a sound financial decision, Mr Warrick said growers needed to compare the expected returns from grain storage versus expected returns from other farm business investments such as more land, a chaser bin, a wider boomspray, another truck or paying off debt...
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