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Current shed rental rates
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olivetroad
Posted 6/24/2022 20:52 (#9719748 - in reply to #9717643)
Subject: RE: Current shed rental rates


Kingdom of Callaway - Fulton, Mo 65251
We have customers that prebuy hay from us and we store it for them. We have a minimum number of bundles (21 small square bales per bundle) they must purchase that is equivalent to one row front to back of a barn, and all must be removed within a calendar year. We hang a sign on their rows to keep things straight. We do not charge for the storage. The folks that prebuy are generally buying more expensive premium hay, and also pay us to deliver it as they need it.

It is well worth it to provide the storage when it gives us steady cash customers willing to pay in advance for a premium product.

I would come up with a flat amount for storage if you are charging them. I had a friend that stored hay on a per bale/per month basis, and the accounting was a nightmare. It also drove up his insurance costs. The customer needs to have their own insurance for loss.
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