How Much Does a Grain Bin Cost?
A grain bin is a large structure that is used on the farm to store and move grain. Many people confuse a grain bin with a silo. A silo is a large structure, usually much taller and skinnier than a grain bin. The silo, unlike the grain bin, is simply used for storing materials. Grain can be one of these materials, but a silo can also be used to store coal, cement, wood chips, and sawdust among others. A grain bin, on the other hand, is used to store and move grain using an elevator system. This system is comprised of a large bucket that can mechanically scoop up the grain. The elevator system can also be used to weigh the grain.
How much does it cost?
- The cost of a grain bin basically depends on the geographical location, number of rings, capacity, diameter, condition and where it’s being purchased. Depending on the factors mentioned above, the costs of a grain bin can greatly vary anywhere from as little as $5,000 to as much as $65,000 or more.
- A grain bin comes in many different sizes and are sized according to how many bushels can be held and stored. If priced this way, the costs for a grain bin can range from as little as $1 to as high as $2.60 per bushel.
- According to Thecombineforum.com, the average grain bin costs around $1.68 to $2.05 per bushel.
- According to Usaagequipment.com, a grain bin ranges from $22,00 to $60,000 depending on the diameter, number of rings, and capacity.
- For instance, a grain bin with a 27′ diameter costs around $22,688 to $27,055 while another one with a 48 diameter costs around $42,036 to $59,976. Basically, the larger the diameter, the more number of rings, and the higher the capacity, the higher the cost goes.
What is going to be included?
- Farm grain bin packages can commonly include a centrifugal fan, perforated floor with supports, inner and outer ladders, and power sweep unload.
- Grain bins are rated by the bushel (bu.) On average, one cubic foot can hold 0.7786 bu. of any grain. A 27′ grain bin could hold up to 16,000 bushels while a 48′ bin could hold close to 60,000.
- With a grain bin, common diameters include 27, 30, 36, 42, 48, 54 and 60 feet. The bin will also have a set number of rings that can handle the capacity.
- Grain bins are usually round or square and commonly hold seed kernels such as corn.
What are the extra costs?
- Additional costs may be incurred for shipping or delivery of a grain bin product, especially if you place your order online.
- There may also be additional costs for installation, especially if you hire someone to help you set-up your grain bin. Since all installation jobs are going to be different, HomeAdvisor.com is a great comparison website that can help you get multiple quotes from contractors for free.
Tips to know
- Shop around for prices of grain bins specific to your needs. Make sure you already have an idea of the required diameter, number of rings, size, and capacity so that you will not have a hard time looking up prices.
- When getting a quote, always make sure that you get it in writing. That way, when the bill does come, there are no surprises.
- Ask around or do some research online for product specifications and quality. You can get a great deal by purchasing a good quality yet affordable grain bin.
- When purchasing a grain bin, it is better to buy too large than too small. Try to make a little extra room so that you do not have to upgrade the bin later.
How can I save money?
- Take advantage of promos and discounts when you buy a grain bin. Watch out for sales via your local dealer or visit websites for updates on discounted grain bin products.