What if there was a way to sell grain when prices are highest throughout the year? Certainly! Because of this, more and more people are storing grain on their own farms. Farmers are turning to on-farm storage as a planned way to make more money from their crops instead of just crossing their fingers and hoping for the best each harvest.
We will look at the benefits of on-farm grain storage to help you understand why so many farmers choose to store their own grain instead of having it done by a business. We’ll talk about the benefits of storage in agriculture, like how storing grain can help you get sales and contracts and why bulk animal feed is best. You can also checkout the grain prices australia here.
Financial Gain
One of the best things about storing grain is that it can help you make money. If you store your grain well, you can make money off of it instead of letting it go to waste. Small, independent farmers can reach this goal with the help of grain warehouse on their farms, which help them deal with problems in the market.
Harvest time is the worst time to sell grain because there is so much of it on the market and prices go down. On-farm grain warehouse offer a solution to this problem by letting farmers dry and store their extra grain on the farm until the market is better for selling it. This can help farmers keep their income stable. Farmers can store their grain safely and well on their farms while they wait for prices to go up.
Control over the harvest and sales of crops
The grain market is always changing because of the price of inputs, the weather, changes in population, changes in eating habits, and other things. In a market that is so unstable, storage bins give farmers the freedom to choose when and where to sell their crops. On-farm grain storage can be a farmer’s best defense against unplanned events and things they can’t control.
When farmers store their crops on the farm, they can spread out their cash sales and grain deliveries. Farmers can get a futures contract and a sale guarantee if they keep bushels after the harvest. This helps cover the costs of storing on the farm.
Even though weather is hard to predict, you can have peace of mind.
It’s helpful for a farmer to have a bin on the farm where they can put grain right after it’s been dried. This way, the grain won’t get damaged by moisture like it would in an elevator pile. Grain warehouses can also have an in-bin drying system put in them to dry out grains with more moisture while they are being stored on the farm.
