Background
Grain storage investments require careful consideration given the substantial capital outlay requirement and likely lifespan of the asset on farm of thirty years or more.
Unlike an investment in machinery which can be updated and traded out, grain storage infrastructure investment is typically a permanent outlay.
Understanding the scope of grain storage infrastructure can be overwhelming in the context of options available and ancillary equipment required to extract maximum benefit from the asset.
While the costs need to be considered relative to potential financial benefits through delayed grain sales or access to alternate markets, other benefits including reduced standing crop risk and logistical benefits may also be applicable although are difficult to accurately quantify.
Consideration for the potential benefits arising from the investment in grain storage infrastructure may influence the style and scale of grain storage options selected.
Aims
This costing guide aims to assist growers nationally to identify considerations for various types of storage across the three GRDC regions.
Investigating the current cost of a range of storage options and the ancillary equipment essential to their function.
Donwload the report for the southern region here:
