Grain Policy
2016-2017
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.
15.1% to 15.9% - $.0717
16.0% to 16.9% - $.1187
17.0% to 17.9% - $.1419
18.0% to 18.9% - $.1767
19.0% to 19.9% - $.2014
20.0% to 20.9% - $.2437
21.0% to 21.9% - $.2703
22.0% to 22.9% - $.2971
23.0% to 23.9% - $.3507
24.0% to 24.9% - $.3795
25.0% to 25.9% - $.4456
26.0% to 26.9% - $.4765
27.0% to 27.9% - $.5087
28.0% to 28.9% - $.5402
29.0% to 29.9% - $.5716
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
NO IN CHARGE OR SHRINK (from 15% to 14%) ON GRAIN WE PURCHASE AT TIME OF WEIGHING, GRAIN PURCHASED AFTER BEING SCALED IN WILL BE CHARGED IN CHARGE AND SHRINK
STORAGE CHARGES-ALL GRAINS
ALL GRAIN WILL BE CHARGED A 5 MONTH MINIMUM STORAGE CHARGE. GRAIN STORAGE WILL BE CHARGED ON A PER DAY IN STORAGE BASIS. STORAGE CHARGES WILL BE $.04 PER MONTH FOR CORN, $.04 PER MONTH FOR SOYBEANS AND $.04 FOR OATS 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. $.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 MONTHS.
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%
45.0# TO 46.9# - 2.5%
43.0# TO 44.9# - 3.6%
41.0# TO 42.9# - 4.8%
39.0# TO 40.9# - 6.0%
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
ANY LOAD OF SOYBEANS OVER 5% FM IS SUBJECT TO REJECTION
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 - BEANS AT 13% MOISTURE AS DRY
13.0% & UNDER - BEANS GO IN WITH 1% HANDLING SHRINK AND $.05/BU IN CHARGE ON NET IN WEIGHT
13.1% AND OVER - SHRINK TO 13.0%, THEN CHARGE 1% HANDLING CHARGE AND $.05/BU ON NET IN WEIGHT
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