Buying standing crop to send to Co-op store

[Hereward]

I'm not going to anywhere near utilise my co-op storage this year, haven't drilled a seed yet

Whilst a friend who is a council tenant is all drilled up but has zero storage, drying or cleaning and is forced to sell for immediate harvest movement.

So it got me thinking I'm likely going to have to pay a service charge on my unfulfilled space, so how is the best way to enable my friend to utilise my storage?

I'm thinking I could buy his WW crop as a standing crop then pay a contractor to harvest and send it in to the co-op store. Hopefully by putting into a long pool and getting a hint of quality I can make a premium, I potentially make a few £'s, my friend gets rapid harvest movement, cheap drying and cleaning. Always a risk but that;s business, IMO a good deal is where both parties are better off than had no deal taken place.

Thoughts?

 

[teslacoils]

Does your friend normally cut it himself?

 

[Hereward]

Does your friend normally cut it himself?

Yes, he would most likely be the 'Contractor'!

 

[teslacoils]

Just rent him the space?
I'd avoid buying stood crop, or any risk sharing.

 

[ajd132]

Just rent him the space

 

[Hereward]

Just rent him the space

Would he not have to be a member of the co-op to do that?

 

[teslacoils]

Would he not have to be a member of the co-op to do that?

The coop wants happy members.
If he likes it, they may be able to sell him some another year.
All win.

 

[Flat 10]

Would he not have to be a member of the co-op to do that?

Don’t see why

 

[Flat 10]

Don’t see why

I'm not going to anywhere near utilise my co-op storage this year, haven't drilled a seed yet

Whilst a friend who is a council tenant is all drilled up but has zero storage, drying or cleaning and is forced to sell for immediate harvest movement.

So it got me thinking I'm likely going to have to pay a service charge on my unfulfilled space, so how is the best way to enable my friend to utilise my storage?

I'm thinking I could buy his WW crop as a standing crop then pay a contractor to harvest and send it in to the co-op store. Hopefully by putting into a long pool and getting a hint of quality I can make a premium, I potentially make a few £'s, my friend gets rapid harvest movement, cheap drying and cleaning. Always a risk but that;s business, IMO a good deal is where both parties are better off than had no deal taken place.

Thoughts?

Your mate never found anywhere to cart into himself then? Bit of a desert in our area for that afaik. Shame.

 

[ajd132]

Would he not have to be a member of the co-op to do that?

My co op would allow it for sure. They want tonnes in store!

 

[e3120]

I'd say get it agreed now, as it will be a renter's market.

 

[Brisel]

Have a chat with the store first. Some stores aren’t keen but also like the space to be used. What is effectively subletting space is fairly common though frowned upon because it makes the admin greater & no doubt the store would rather have an extra member instead.

 

[Laggard]

What about hail insurance if you are buying a standing crop?

 

[Beefsmith]

I'm not going to anywhere near utilise my co-op storage this year, haven't drilled a seed yet

Whilst a friend who is a council tenant is all drilled up but has zero storage, drying or cleaning and is forced to sell for immediate harvest movement.

So it got me thinking I'm likely going to have to pay a service charge on my unfulfilled space, so how is the best way to enable my friend to utilise my storage?

I'm thinking I could buy his WW crop as a standing crop then pay a contractor to harvest and send it in to the co-op store. Hopefully by putting into a long pool and getting a hint of quality I can make a premium, I potentially make a few £'s, my friend gets rapid harvest movement, cheap drying and cleaning. Always a risk but that;s business, IMO a good deal is where both parties are better off than had no deal taken place.

Thoughts?

Happens quite a bit and the easiest thing to do is you agree to doing this for a £5/tonne profit.
So in the coop store if it makes £150/t. You give your friend £145/t. His benefit is hopefully the increase in value through blending and the fact he has no storage issues and you get a fiver for facilitating it. It’ll be on your crop assurance number so he’ll need to invoice you for ‘machinery hire’ or something like that. So for 200t the coop will give you £30,000. Your friend then invoices you £29,000 for ‘machinery hire’ plus vat. You keep the £1000 difference as your profit and the vat on the machinery hire is sorted as per normal and nothing to do with crop sales.