FS Construction Services additional grain storage

Is Additional Grain Storage Worth It?

Here at FS Construction Services, we have great respect for the dedicated friends, neighbors, and clients who work in the agricultural industry. Farming is a difficult, though often underappreciated job, and of course, there are never any guarantees. Farmers work hard and are often at the mercy of elements outside of their control. However, there are measures that some farmers have taken to create added flexibility and profitability to their yearly yields: adding grain storage. Is additional grain storage worth it?

 

Why You Might Need Additional Grain Storage

 

The more grain you are able to store, the more ability you have to take advantage of better prices during more in-demand times. Of course, increased grain storage has a cost, so it’s worth thinking through risk/reward of it all before making any decisions.

There are storage calculators out there that can help you work through realistic prices, historical averages, and so on, as you decide how much storage you might want to add to your site. Speaking of that, it’s no good adding more storage if you have no means of marketing your capacity. There is also the risk of waiting too long to sell. Grain won’t last forever and eventually you’ll need to move it. So taking an approach of additional storage means also bringing on the responsibility of having a good plan in place.

Another upside of adding more grain storage is that it brings generational value. It’s not likely that grain storage is going to get any cheaper in the years to come, and the bigger you build, the better value you get in your storage. So while the capability may seem absurd now, it could be the deal of a lifetime in 10 years.

There is a lot of great information out there on farmers who have gone this route and what they have learned in the process. If you do have any questions about grain storage options, or if you simply need to upgrade some old equipment, please let Gateway FS Construction Services know. Give us a call at 866-551-3454, and let our specialists help you find exactly what you are looking for. We look forward to providing you the best customer service experience.