GFM Network News

How much would you pay to rent these bins? How much would you charge a neighbour wanting to rent your excess storage space?

How to calculate a fair price for grain bin rentals

Depreciation is an obvious cost, but there are four other factors that go into the DIRTI 5

Before renting or renting out bin space, get the dirt — or rather, the DIRTI 5 — on all the cost components that go into this type of grain storage. DIRTI 5 stands for depreciation, return on investment, repairs, taxes, and insurance, and are the most significant ownership costs of grain storage, says farm business […] Read more