Kernow Grain

[Fendt415]

So I have retired from dairy farming and have 29tons of storage at Kernow Grain Bodmin that I purchased many years ago.

I want to sell my tonnage to another farmer, but I have no idea what the going rate is now corn prices have risen.

If anyone locally can give me a reasonable figure to ask it would be much appreciated.

 

[An Gof]

You may be in for a shock. The value of storage space bears no relation to current grain market prices.

 

[Brisel]

Ask Kernow Grain what the space has traded at recently, if at all. It’s usually at a discount to new build storage as it does not have the same tax reliefs.

 

[Woldgrain Storage]

The only indicator of value is recent sales, or find out the current new price and deduct the tax relief.

Some stores use construction costs as a base for storage prices, others have a nominal figure and then subsidise building through charges to members and trading incomes.

As a rough guide, the price of our new space for sale has tripled during the lifetime of our store. This has meant that some retiring original members have recently sold their tonnage for double what they paid for it in the first place.

 

[redsloe]

So I have retired from dairy farming and have 29tons of storage at Kernow Grain Bodmin that I purchased many years ago.

I want to sell my tonnage to another farmer, but I have no idea what the going rate is now corn prices have risen.

If anyone locally can give me a reasonable figure to ask it would be much appreciated.

I always store more than our allocated storage in kernow however I'm not sure what I pay extra on top of the standard charges for it!
I could still be interested in it though.

 

[An Gof]

Ask Kernow Grain what the space has traded at recently, if at all. It’s usually at a discount to new build storage as it does not have the same tax reliefs.

I have sent the OP a private mail with details