2017 Harvest Policies

 

SOYBEANS

Priced Later - Effective 4/19/18 Price Later is free, pending availability of space, until further notice

Storage Rate - .00150 cents per bushel per day/approx. .045 cents per month

                        15 calendar days to sell or store

                        Minimum storage charge of 90 days

Moisture -       Beans over 13% moisture.

                      Beans going into storage will be shrunk 2% per point down to 13%

                      Beans being sold will be discounted 1.75% of price per ½ pt. over 13%

Test Weight-   1 cents per point under 54

Damage-         1% allowed.  (Includes green beans)

                        1.1%-5%     5 cents per bushel

                        5.1%-10%   10 cents per bushel

                        10.1%-15%  20 cents per bushel

                        Over 15%   Subject to rejection

F.M.-                1% allowed – excess will be deducted from weight

Musty/Sour-    5 cents per bushel price reduction - Subject to rejection

 

CORN

Priced Later - Effective 4/19/18 Price Later is free, pending availability of space, until further notice

Storage Rate-  .00130 cents per bushel per day/approx. .039 cents per month

                        15 calendar days to sell or store

                        Minimum storage charge of 90 days

Moisture-      Corn for storage will be dried to 14% at a rate of 1.6% per point of moisture.

                        Drying charges of 5 cents per point with a minimum of 10 cents.

                        Corn to sell discounted to 15% at 1% of price per ½ pt.

Damage-         5 cents per point over 5%

                        Subject to rejection

Test Weight-   Discounted below 54#.  2 cents per pound from 53.9 to 52.

                        8 cents per pound from 51.9 to 50.  18 cents per pound below 50.

F.M.-                3% allowed – 3 cents per point above 3%

Musty/Sour-    5 cents per bushel price reduction - Subject to rejection.

 

*Any contract grain delivered prior to contracted date will not be applied to contract until the date specified on contract*

**At time of delivery double check your tickets to make sure information and splits are correct**

***Discount Schedule is subject to change at any time without notice***

****Storage grain must be sold using the nearby bid & cannot be forward contracted****

*****Farmers Cooperative reserves the right to reject any load*****