ABC Sheds Blog

How to get a tax advantage for hay storage

Getting a fodder storage or hay shed constructed on your farm is a smart move that will reduce fodder storage losses, however, an investment like this isn’t cheap. The more hay you harvest the bigger the shed you will need, therefore increasing upfront costs. This can be a big deterrent for farmers to organise new and much-needed hay storage if they’re already battling with the effects of drought, fire and COVID-19.

4 things to consider when building a hay shed

If you’re looking to create more hay or harvest storage for your property, then you may be wondering – where do I start? There are some important factors to consider when building any large-scale shed and a hay shed is no different! In fact, even more consideration should go into the construction of a hay shed that’s just right as you’ll want to make sure that your harvest is protected from harsh weather conditions, and the likelihood of spontaneous combustion.

Drought assistance available in Australia

 
Years of drought and hardly any rain have had a significant impact on Australian farmers. This struggle has not gone unnoticed however and on the 1st of July 2020 the New South Wales Government announced that they had increased their interest-free seven-year loan to $100,000. This is a massive increase from $50,000 and with no repayments for two years, we’re sure it will be a big help to many farmers that have been doing it tough.

What's the best way to store hay?

Hay bales are a common sight on many farms across Australia and can be a good source of food for animals, should there not be enough pasture to graze. This can be a common issue across warmer parts of the country that are prone to hot weather and lower rainfall.

As a resource that’s paramount to many farmers being able to feed their stock all-year-round, it’s important that hay bales are adequately protected so that they last. There are a couple of common options for storing hay securely, two of these are to either store hay under a tarp, or to store it inside a shed.

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