Policies

NEW FALL SCHEDULE.

August 09,2018

 

-SOYBEANS-

DP Rates:        .20 Cents Minimum until January 15, 2019. Then .100 Cents /bu/day.

(3.0 cents bu/mo).

STORAGE:    .22 Cents minimum until January 15, 2019. Then .100 Cents/bu/day.

( 3.0 cents/bu/mo).

 

MOISTURE:     Moisture will be averaged on a daily basis on loads up to 15%. All loads

15.1% and over will be shrunk on a load by load basis. There is no

drying charge on soybeans.

 

SHRINK:         3% shrink each 1% of moisture 13.1% to 15%; 15.1% and above, 6%

shrink each 1% of moisture. Shrink is calculated on each tenth of a percent.

 

 

FOREIGN MATERIAL (F.M.):  1% is allowable. Over 1% is a direct weight reduction.

FM discount is applied on a load by load basis.

 

All other grade factors or discounts are subject to processor scale of discounts

and will be applied on a load by load basis.

 

 

-CORN-

DP Rates       .18 Cents minimum until January 15, 2019 Then .100 cents/bu/day.

( 3.0 cents, bu/ mo).

STORAGE:    .20 Cents minimum until January 15, 2019. Then .100 cents/bu/day.

(3 cents/bu /mo)

 

DRYING:          Moisture 15.5% and above.

 

16.0 – .0300                                   25.0- .2800

16.5 – .0450                                   25.5- .2900

17.0 – .0600                                   26.0- .3000

17.5 – .0750                                  26.5 -.3100

18.0 – .0900                                   27.0- .3200

18.5 – .1050                                   27.5- .3300

19.0 – .1200                                   28.0- .3400

19.5 – .1350                                  28.5- .3500

20.0 – .1500                                   29.0- .3600

20.5 – .1650                                   29.5- .3700

21.0 – .1800                                   30.0- .3800

21.5 – .1950                                   30.5- .3900

22.0 – .2100                                   31.0 -.4000

22.5 – .2250                                   31.5 -.4100

23.0 – .2400                                   32.0 -.4200

23.5 – .2500                                   32.5 -.4300

24.0 – .2600                                  33.0 -.4400

24.5 – .2700

SHRINK:         1.4% for each 1% of moisture. Corn put on delayed pricing will be shrunk to 14%. Corn sold for fall delivery will be shrunk to 15%. Corn for storage will be shrunk to14%. There is no drying charge from 15% to 14%

 

MOISTURE:      Drying charges and shrink on corn from the field will be applied on a

load by load basis. Corn from the bin in the off season will have drying

and shrink charges applied on a daily average moisture basis. Drying

charges and shrink are figured on each half of a percent of moisture.

All other grade factor discounts are subject to processor scale of dis-

counts, and will be applied on a load by load basis.

 

CORN WILL BREAK ON THE HALF POINT.

 

 

 

 

All grain entering government loan will be charged storage through the maturity date of the loan. The storage, drying, and all other discounts must be paid in advance of the grain entering the loan program. If the loan is redeemed prior to it’s maturity, any unused storage will be refunded.

 

Premium payment plan:  The deferred payment premium for grain sold for fall delivery with January payment will be 1 cent on corn and 2 cents on soybeans.

 

Grain delivered will have 7 DAYS FREE STORAGE FROM DATE OF DELIVERY PER FARM. . If not sold within the 7 day period, storage charges will be assessed from date of delivery. All DP contracts must be signed the same day you move your grain to DP no exceptions. ( This is a state regulation) We appreciate you working with us so all your information is correct and your farms are appropriated correctly.

WEIGHING CHARGES WILL APPLY TO NON GRAIN CUSTOMERS USING OF SCALES $20.00 PER LOAD AND IT MUST BE PAID UPFRONT. MIN. OF 80 ACRES MUST BE DELIVERED TO NOT BE CHARGED.

 

We do have a DP program at the rates listed.

 

 

 

RATES ARE SUBJECT TO CHANGE