Renting out silos to keep grain is a smart move for a farmer since the commercial systems cannot store the entire produce. As a farmer, you will be able to get good prices when selling the produce later on as prices tend to be lowest during harvest. However, if you do not have the means to store them, you will have to consider silo rentals.
You should first consider the size of storage you require. This mostly is determined by the amount of produce you have. If you have many bags, consider renting bigger bins. However, if the amount is smaller, a smaller bin will do. Keep in mind that the bigger sizes are quite costly when compared to smaller ones hence you should make the correct choice so that you do not end up paying extra for space not needed.
The location of the silos will have to be decided on from where your farm is to where the bins are for leasing. It needs to be at an area where you can easily reach it from time to time. In addition, grain trucks ought to be able to reach the stores so that the produce can be loaded and unloaded. Search for neighbors who lease their bins or the ones that are readily available.
Availability of labor will also have to be determined. Stored grains must be maintained so as to remain in the best condition. The maintenance practices must be carried out by workers. Inquire from the owner if labor will be provided or you will have to look for your own. Compare the two options to determine the one that is cheaper.
The length of storage mostly would want extra space from harvest up to a time when you think it will be suitable to sell the grain. It is imperative you conclude on the length of time you require the silos so as to notify the owner and to calculate for charges you are required to pay. Decide whether you require it on a temporary or permanent basis.
Inquire about the renting options. The two main options include monthly or yearly fees. The standard amounts per year basically are the yearly costs for the right to store. For the charges per month, the grain owner will have to pay for the months the bins were in use. The one you select depends on your needs. In spite of this, paying after every month is cheaper as you only get to pay for the months you used the silos.
Discuss with the owner about the payment schedule. The both of you should come up with a renting agreement that will protect you. It should be specified whether a minimum charge should be paid at the start of the leasing period with the remainder paid when grain is removed. Or, it needs to state whether the entire amount needs to be realized before the bin is used.
Another important aspect you need to discuss with the owner is electricity cost. Most of the renters will demand you pay for these charges. It is therefore important you request for a separate meter for the storage bin to allow you to know the actual cost. This prevents you from paying for electricity you did not use.
You should first consider the size of storage you require. This mostly is determined by the amount of produce you have. If you have many bags, consider renting bigger bins. However, if the amount is smaller, a smaller bin will do. Keep in mind that the bigger sizes are quite costly when compared to smaller ones hence you should make the correct choice so that you do not end up paying extra for space not needed.
The location of the silos will have to be decided on from where your farm is to where the bins are for leasing. It needs to be at an area where you can easily reach it from time to time. In addition, grain trucks ought to be able to reach the stores so that the produce can be loaded and unloaded. Search for neighbors who lease their bins or the ones that are readily available.
Availability of labor will also have to be determined. Stored grains must be maintained so as to remain in the best condition. The maintenance practices must be carried out by workers. Inquire from the owner if labor will be provided or you will have to look for your own. Compare the two options to determine the one that is cheaper.
The length of storage mostly would want extra space from harvest up to a time when you think it will be suitable to sell the grain. It is imperative you conclude on the length of time you require the silos so as to notify the owner and to calculate for charges you are required to pay. Decide whether you require it on a temporary or permanent basis.
Inquire about the renting options. The two main options include monthly or yearly fees. The standard amounts per year basically are the yearly costs for the right to store. For the charges per month, the grain owner will have to pay for the months the bins were in use. The one you select depends on your needs. In spite of this, paying after every month is cheaper as you only get to pay for the months you used the silos.
Discuss with the owner about the payment schedule. The both of you should come up with a renting agreement that will protect you. It should be specified whether a minimum charge should be paid at the start of the leasing period with the remainder paid when grain is removed. Or, it needs to state whether the entire amount needs to be realized before the bin is used.
Another important aspect you need to discuss with the owner is electricity cost. Most of the renters will demand you pay for these charges. It is therefore important you request for a separate meter for the storage bin to allow you to know the actual cost. This prevents you from paying for electricity you did not use.
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If you are interested in silo rentals we advise you to pay a quick visit to our website. Find here the relevant link to click on http://www.megamixsilos.com/silo-rentals-environmental-remediation.html.
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