Fengrain Storage (275t) available to buy at a discounted price

ajd132

Member
Arable Farmer
Location
Suffolk
i going to be honest I can sort of see that CS works for value added crops, milking wheat malting barley etc and enables a relatively consistent product to be supplied to end user.

The part that I struggle with is this. @Woldgrain Storage talks about buying in and buying a share of the ‘company’ his words not mine! If I bought into a business I would expect to see a return on my investment, a dividend perhaps? Could you tell me if this happens?
You have already told us that the annual charge covers the operating costs of the store. The annual charge is give or take similar to that of a commercial store. A commercial store as @ajd132 quite rightly pointed out many pages ago is about making a profit for the store owner. Where is this notional profit for the owners of the commercial store (those that have bought in).
A highly consistent product not relatively consistent. Vendor assured straight into some places with no testing.
 

Brisel

Member
Arable Farmer
Location
Midlands
Part of the annual return to members is in the form of subsidised charges.

Our annual charge includes:

  • Sampling & Lab Testing
  • Weighbridge charges
  • Handling in and out of store
  • Stock Administration
  • Pre-cleaning
  • Insurance from the point of loading on farm
  • Crop Assurance (TASCC)
  • Harvest Haulage within 70 miles of DN21 5TJ
  • Storage as required up to 31st May 2021
This annual charge is currently £12 per tonne.

Our drying rates are also subsidised.

For example on feed wheat there is no charge on loads drier than 15.6%. Feed wheat with a moisture of 18% is charged at £6.12, feed wheat with a moisture of 23% is charged at £6.12.

Colour sorting is charged at £3/mt for feed grades and £5/mt for malting & milling.

I wont ask for your comparable rates for storage, haulage and drying, as that is between your boss and your customers.

What shrinkage allowance do you have as standard? This can be worth a couple of quid a tonne at times.
 
What shrinkage allowance do you have as standard? This can be worth a couple of quid a tonne at times.


The losses are structured to allow pre-cleaning, but still protect the store against a negative stock position.


Standard AHDB Weight Losses for Drying

Drying on Cereals / Pulses / Oats over 15.5% 1.25% per 1% moisture reduction

Drying on Malting Barley over 14.5% 1.25% per 1% moisture reduction

Drying on Oilseeds over 9% and up to 16% 1.25% per 1% moisture reduction

16.1% - 20.0% 1.50% per 1% moisture reduction

over 20.0% 2.00% per 1% moisture reduction


Screenings – As per merchant’s contract

Admixture - Admix will be deducted on all grains

Oilseed and beans are credited with 2% Admix


Handling loss 1.25% on dried and cleaned weight (across all crops)




 

Brisel

Member
Arable Farmer
Location
Midlands
Thank you. 1.25% is quite high - many commercial stores run a lower tolerance than that but I guess yours comes back to members as part of the rebate if the actual is lower than that. 1.25% of osr is £3.75/t. It's never zero and presumably elevators, conveyors & silos do lose a bit more.
 
Thank you. 1.25% is quite high - many commercial stores run a lower tolerance than that but I guess yours comes back to members as part of the rebate if the actual is lower than that. 1.25% of osr is £3.75/t. It's never zero and presumably elevators, conveyors & silos do lose a bit more.

That's all true, commercial stores would not be routinely pre-cleaning either.
 

Brisel

Member
Arable Farmer
Location
Midlands
That's all true, commercial stores would not be routinely pre-cleaning either.

I run all mine over an aspirator even if dry. It takes some of the chaff or awns off that block the outlets in the silos when a big lump slides down the bulk. 2% admix would mean you'd hardly see any grain in the combine tank but the mills will still reject at much less than that if it won't go up their tiny elevators. Smiths at Worksop were notorious for this if they saw chaff on the top of my Warburtons wheat when the wagon was on the weighbridge. I trained the lorry drivers to run the first couple of miles with the sheet off ;) I apologise to any convertible car drivers following those lorries!
 

Brisel

Member
Arable Farmer
Location
Midlands
when a load gets a deduction from a cs. What happens then who’s wheat is that or dose that never happen.

Any surplus grain is sold & funds go to the store for redistribution to the owning members. In a commercial store it goes into the pockets of the store owners though two of those I've spoken to who are TFF members say the merchants renting the store operate on very small shrinkage margins. The old Intervention stores had a 5% allowance! Lots of Intervention store owners got very rich on this - no drying losses, just tipped and pushed up. Only a bit of cooling weight loss.
 
Yes that’s what I meant as we all have had good loads get a claim now and then for no apparent reason.


Claims can get a bit technical.

If we have out of spec loads delivered to the store, the merchants give the members claims based on the analysis. These claims are then recovered from the merchants by the store.

In a year with quality issues (e.g. 2012) these claims can be considerable.

The crop is then blended and any loads coming out of store to mills that get claims are covered by the store. This is where the storekeepers' blending skill comes into it.

It is also quite common for merchants to sell loads that wont make the spec, but the premium outweighs the claims.
 

Brisel

Member
Arable Farmer
Location
Midlands
I would hope that the store manager would talk to the merchant to see if they can send under spec grain in on a premium contract where the premiums do outweigh the claims. I've sold grain this way after discussion with the merchant I've sold it to. Easier when the trader has to drive past my place each morning on his way to work to chuck him a sample to check.
 

Brisel

Member
Arable Farmer
Location
Midlands
Should be a new eBay style buying and selling platform for camgrain up and running soon.
There was a page on the website for trading storage between members before. It sounds as though they have made it more whizzy!

Most of my storage there was bought second hand.
 

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