Grain
Condo Storage Program
The Wheat Growers Condo Storage Program has a variety of offerings designed to meet the diverse needs of our patrons looking to reserve fixed-volume storage. Depending upon your grain needs, condominium-style storage may cost less per unit than building on-farm storage solutions.
Programs include:
- Traditional five-year and 18-year condo storage programs
- 10-year and 18-year condo storage programs that include Market Match Pricing (MMP)
Sign-up now to get space! Contact your Wheat Growers location or click here to request more information.
Wheat Growers Per-Bushel Condo Storage
| 18 Year |
18 Year MMP* |
10 Year MMP* |
5 Year | |
|---|---|---|---|---|
| Initial Cost Up Front | $2.55 | $2.68 | $2.10 | $0.84 |
| Annual Fee Charged | $0.06 | $0.19 | $0.19 | $0.19 |
| Additional Storage Charge | 0.005/mo. | 0.005/mo. | 0.005/mo. | 0.005/mo. |
| Residual Value | $0.40 | $0.45 | $0.30 | None |
| *Market Match Pricing | None | Yes | Yes | None |
The Condo Advantage
- Producers can haul their grain from the combine to the elevator and are not forced to sell grain during harvest when basis is generally widest.
- Grain is weighed and graded as it comes in for immediate feedback on grain quantity and quality. Producers can also price grain and receive immediate payment.
- Store multiple commodities (corn, wheat or beans) and take advantage of government programs to either seal the grain and put it under loan or use LDP.
- Condo storage is an asset that can be sold if it is no longer needed.
- Wheat Growers pays insurance and property taxes.