Grain 02/18/10 8:56:26 AM
Storage:
* Free PL soybeans effective February, 18 2010.
* Corn and Wheat will all run the same at 5 cents/month calculated daily.
* Producers are allowed 10 days of free storage.
* Grain Bank corn will cost 18 cents/bushel. That will cover 6 months after which other costs will be added. Please estimate to your best knowledge.
Drying:
* Effective Jan. 1 2010 drying costs for corn will be 6.0 cents per point. Shrink on corn will be 1.5% per point of Moisture.
* Drying will be billed out as followed:
- Stored, Grainbank, Priced Later bushels will be dried and shrunk to 14% Mst.
- Cash and Contract bushels will be dried and shrunk to 15% Mst.
*Soybeans will be discounted as followed:
- 13.0% moisture and below there is NO shrink for contract and cash grain.
- 13.1 - 13.5% Mst will be shrunk 1.5% of load
- 13.6 - 14.0% Mst will be shrunk 3.0% of load
- 14.1 - 14.5% Mst will be shrunk 4.5% of load
- 14.6 - 15.0% Mst will be shrunk 6.0% of load
- 15.0% Mst and above will be the same as above
- All soybeans brought in for storage during harvest will be shrunk 0.5%.
* Policies are subject to change without notice.
* If you have any questions please feel free to call us at 320-568-2127
Just a reminder we would like the chance to hedge our grain so we ask that you only sell grain during the trading hours from 9:30-1:15 Monday thru Friday. Thank you.
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