2009 Harvest Policies
Storage Rates
Corn 12
cents First 90 Days .0833 cents
per day (2.5 cents per
month) thereafter
Soybeans 13 cents
First 90 Days .0833 cents per
day (2.5 cents per
month) thereafter
Oats Same
as soybeans
Storage start date is
determined by weekly average when grain is received. Minimum storage will be billed when warehouse
receipt is issued. A period of (10) ten
calendar days will be allowed to sell or store grain from Sept 1st
through Dec 31st. Twenty Nine (29) days will be allowed from January 1st
through August 31st.
Moisture and Drying
Corn purchased will be shrunk
to 15%. Corn deposited for storage will
be shrunk to 14%.
Corn Drying Charges
4.1 cents per point of
moisture removed per bushel split on 1/10th point. 5.00 cents per point of moisture removed on
bushels over 25% moisture. A shrinkage
factor of 1.40% (1.18% moisture and .22% handling) per point of moisture
removed per bushel will be applied to wet bushels.
Soybeans
Soybeans testing >13.1%
will be discounted at time of sale.
Moisture Discount/FM Discount
1.50% of the contract price
for the first one half percent moisture over 13%, processor discount schedule
applies on 13.5% moisture and over. No
Loads over 15%! FM over 1% will be deducted from the gross
weight.
Average Quality Discounts
Corn
All loads testing15.9 moisture and below are one lot; Loads testing
16.0
to
24.9 % are one lot; Loads testing over 25 % moisture are one lot.
Soybeans Loads testing
13.5% moisture and below are one lot.
Loads testing 13.6% - 14.5% are one
lot.
Loads testing 14.6% and above are one lot.
There will be a $.10/bu
discount on each load testing Musty, Sour, Heating, Infested, or Cofo (ODORS) and these loads will not be averaged.
Discounts and drying charges are subject
to change!