Grain Policy

2011-2012

Enclosed is our grain policy, including our discount schedule and storage rates.

GRAIN DRYING – CORN

All Corn Dried to 15%
All Corn Shrunk to 14%
Corn Moisture - Drying Charge/Bu. - Same as last year.
15.1% to 15.9% - $.056
16.0% to 16.9% - $.099
17.0% to 17.9% - $.132
18.0% to 18.9% - $.172
19.0% to 19.9% - $.212
20.0% to 20.9% - $.234
21.0% to 21.9% - $.257
22.0% to 22.9% - $.281
23.0% to 23.9% - $.313
24.0% to 24.9% - $.346
25.0% to 25.9% - $.383
26.0% to 26.9% - $.424
27.0% to 27.9% - $.469
28.0% to 28.9% - $.519
29.0% to 29.9% - $.574
30% or Over Ask for Bid

MININUM IN CHARGE

$.05 PLUS 1% SHRINK ON DRY CORN FOR STORAGE
$.05 PLUS 1% SHRINK ON DRY BEANS FOR STORAGE

STORAGE CHARGES-ALL GRAINS

ALL GRAIN WILL BE CHARGED A 5 MONTH MINIMUM STORAGE CHARGE.  ALL GRAIN STORAGE WILL BE BILLED THE 29TH OF --THE MONTH. STORAGE CHARGES WILL BE $.04 PER MONTH FOR CORN AND $.04 PER MONTH FOR SOYBEANS FOR THE FIRST 12 MONTHS. GRAIN STORED FOR MORE THAN 12 MONTHS WILL BE CHARGED AN ADDITIONAL $.05 CENTS PER MONTH.

LOAD OUT CHARGES

$.05 PER BUSHEL EXCEPT GRAIN SOLD TO THE COOP OR GRAIN USED BY THE PRODUCER TO FEED HIS OWN LIVESTOCK. $.03 PER BUSHEL IF HAULED BY CO-OP TO TERMINAL.

RECEIVING OR SHIPPING

TRANSPORTATION IS AVAILABLE FOR BOTH WET AND DRY GRAINS
ALL DISCOUNTS APPLY TO THE CONTRACT PRICE.
GRAIN MAY NOT BE STORED MORE THAN 18 MONTHES.
A SCALE TICKET WILL BE ISSUED FOR EACH LOAD OR TRANSACTION.
If you have any questions on any part of our Grain Policy please call:
Scott at 269-5201
Bruce at 269-2255
ALL DISCOUNTS OR FACTOR LIMITS SUBJECT TO REVISION WITHOUT NOTICE!
THIS POLICY IS SUBJECT TO CHANGE WITHOUT NOTICE DUE TO MARKET FLUCTUATIONS!

CORN DISCOUNTS

CORN TEST WEIGHT SHRINK FACTOR
54.0# & UP - NO DISCOUNT
52.0# TO 53.9# - 1.0%
50.0# TO 51.9# - 1.4%
47.0# TO 49.9# - 1.8%
UNDER 47.0# - SUBJECT TO REJECTION

FOREIGN MATERIAL (FM)
UNDER 3.0% FM – NO DISCOUNT
3.1 – 4.0% FM - $.02 PER PERCENT
4.1 – 5.0% FM - $.03 PER PERCENT
5.1 -6.0% FM - $.04 PER PERCENT
6.1 – 10.0% - $.05 PER PERCENT
10.1% & ABOVE - SUBJECT TO REJECTION

DAMAGE
UNDER 5.0% DAMAGE - NO DISCOUNT
5.1 – 7.0% DAMAGE - $.01 PER PERCENT
7.1 – 20.0% DAMAGE - $.02 PER PERCENT
20.1% & ABOVE - $.03 PER PERCENT

HEAT DAMAGE (HD)
UNDER .2% - NO DISCOUNT
.3 – 2.0% - $.02 FOR EACH .1%
2.1% & OVER - SUBJECT TO REJECTION

SOUR, MUSTY, INFESTED
SOUR - $.10/Bu.
MUSTY - $.10/Bu.
INFESTED - $.20/Bu.

SOYBEAN DISCOUNTS

TEST WEIGHT (TW)
54.0 LB/Bu. & OVER - NO DISCOUNT
52.0 TO 53.9 LB/Bu. - $.01 PER POUND
50.0 TO 51.9 LB/Bu - $.02 PER POUND
48.0 TO 49.9 LB/Bu - $.04 PER POUND
47.9 LB/Bu. & UNDER - NEGOTIABLE

FOREIGN MATERIAL (FM)
ANY FM OVER 1% WILL BE DEDUCTED FROM TOTAL WEIGHT

DAMAGE
2.0% & UNDER - NO DISCOUNT
2.1 – 4.0% - $.015 PER EACH ½%
4.1 – 8.0% - $.03 PER EACH 1/2 %
8.1% & OVER - SUBJECT TO REJECTION

HEAT DAMAGE
.2% & UNDER - NO DISCOUNT
.3 – 1.0 % HD - $.02 PER EACH .1%
1.1 – 1.5% HD - $.03 PER EACH .1%
1.6% & OVER - SUBJECT TO REJECTION

MOISTURE
13.0% & UNDER - NO DISCOUNT
13.1 – 15.0% - 1% OF CONTRACT PRICE FOR EACH ½%
15.1% - 16.5% - 2% OF CONTRACT PRICE FOR EACH ½%
16.6% & OVER - NEGOTIABLE

SPLITS
20% & UNDER - NO DISCOUNT
20.1 – 30.0% - $.01 EACH 5%
30.1 – 40.0% - $.02 EACH 5%
40.1% & OVER - SUBJECT TO REJECTION

SOUR, MUSTY, INFESTED
$.10/Bu. - SOUR OR MUSTY (FOR EACH)
$.15/Bu. - INFESTED
$.25/Bu. - ANIMAL FILTH