2024-2025 GRAIN POLICY |
CORN |
· Moisture: |
Selling 15% |
Price Later 15% |
Storage 14% |
Grain Bank 14% |
Deliveries must be settled within 10 days of unload date, or the grain will be charged storage. |
Drying: 4.5 cents per point Subject to change based on fuel prices. Effective October 1, 2023 |
Shrink: 1.50% per point of moisture removed |
Averaging: 13% to 17% will be averaged. Corn 17.1% and over will stand alone. Corn under 13% moisture will be assigned 13%. |
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· Storage Rates: |
Minimum storage rate after 10 calendar days = 60 days. Storage will be charged to your account at that time. |
Minimum storage rate is 20 cents per bushel for 60 days. Charge is 4 cents per month thereafter. |
After one year charge will be 4 cents per bushel per month. |
10 working days free storage if corn is sold. Unsold corn reverts back to date delivered. |
After 10 days corn will be shrunk to storage moisture. |
Any service charges will be determined at that time, if there are charges, they will not exceed 4 cents/mo. rate. |
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· Price Later Contracts: |
16 cents handling for the first 60 days , then .001333 cents per day (4 cents per month) to Sept. 15, 2025. |
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· Minimum Price Contracts for Corn: |
Available upon request. |
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· Grain Bank: |
30 days no charge storage on corn delivered for feed purchasing (not just going out as whole corn) |
Receiving charges of 20 cents per bushel and Load Out charges are 20 cents per bushel will be assessed |
on corn not going into feed, along with the applicable storage charges back to the date of delivery. Out corn without protein=15 cent/bu. fee. Out corn with protein=10 cent/bu. fee. |
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· Corn Discounts: |
Damage Discount: 3 cents a point from 5 to 10% |
4 cents each % from 10.1 to 20% |
5 cents each % from 20.1 and up, subject to rejection- buyer's option. |
Buyer's discount at time of delivery. |
FM Discount: 3 cents per bushel, 3 to 4%. 4 cents per bushel for each 1% over 4% |
Musty: 7 cents per bushel Weevily: 7 cents per bushel |
Test Weight: 2 cents per pound under 54 to 50; 4 cents per pound under 50
· Aflatoxin: |
We reserve the right to test for aflatoxin at any time with notice |
Our aflatoxin test is not an official test, so we will not be held reponsible for errors or discrepancies |
If aflatoxin tests positive greater than 20 ppb, we reserve the right to dock based on our posted |
dockage schedule Updated: 10.7.24 |
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