Grain Storage ROI Made Simple

Grain Storage ROI Made Simple

Storing grain on the farm is a good way to increase marketing flexibility. On the other hand, building grain storage isn’t free – so how long would it take for would-be new storage structures to pay for themselves?

That question prompted Grain Systems, Inc. (GSI) to build a web and mobile tool called the GSI ROI Calculator. Users start by selecting their crop and entering acre numbers plus anticipated yield. They can also input monthly elevator storage costs (multiplied by months in storage) plus wait time costs. The results estimate the revenue potential of storing grain on the farm versus sending it to the local elevator.

Seeing these results can help the farmer make a more educated decision about whether or not to add grain storage, says Tim Davis, GSI director of grain sales, east region.

“Most farmers know that adding space is advantageous, but this app helps quantify the benefits.”

In the video below, Davis gives a quick run-through of the GSI ROI Calculator.

The tool is available for free as an iPad or iPhone app, or by visiting

The National Farm Machinery Show runs Feb. 11-14. Visit for continuing coverage on AgWeb, or follow along in real-time on Twitter by following hashtag #NFMS15.

Back to news



Spell Check

No comments have been posted to this News Article

Corn College TV Education Series


Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!


Market Data provided by
Brought to you by Beyer