Posted by John_PA on September 29, 2011 at 22:10:26 from (96.236.164.10):
In Reply to: Started beans posted by flying belgian on September 29, 2011 at 21:24:11:
Sounds like a good day, minus the bearing!
How does your elevator pre-buy beans?
I wish that was an option for me. I sit and watch the prices drop, knowing I don't have storage. Although, the place I sell to does a grain bank program at 15 cents per bushel a month. I can hold for 10 months and pay them $1.50 per bushel for storage, and then sell in July or august when the price looks good.
Of course, I should be taking that extra couple dollars per bushel profit and setting it aside to buy grain bins. I figure it is easier to let them have the worry about spoilage and moisture content for the 9-10 months I would be holding them.
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