Nate Bruce, Farm Business Management Specialist, nsbruce@udel.edu
Driven by the current prices in the grain market, I have received numerous inquiries into investing in on-farm grain storages. Even in a recent AgWeb survey asking readers about what on-farm storage investments they are most considering in the next year, grain storage was the number one response. There are several marketing considerations for producers who are looking at making substantial investments in on-farm grain storages should consider. Here is a fantastic publication from Kansas State University that discussed grain marketing considerations prior to investing in on-farm grain storages: Post Harvest Marketing Alternatives. If you need assistance in determining if grain storages are a good marketing option for your operation, feel free to contact me.