Discounts and Storage Programs

Delayed Pricing Programs:

Starting 9/1/2021 and expiration 9/30/2022
Corn: .05/ bushels per month, no min.
Soybeans: .045/ bushels per month, no min.

Grain Discounts and Storage Programs

9/9/2021

Settlement Policy: All grain that is delivered will be placed on open storage unless contracted or sold. Every Thursday all grain on open storage that was received the previous week (Sunday – Saturday) will be placed on delayed price contracts. Delay Price contacts will expire September 30, 2022. Allow 24 hours for a check to be written.

CORN DISCOUNTS:
MOSITURE:
               SHRINK OF 1.5% PER POINT OVER 15.0%
               DRYING OF 4 CENTS PER POINT OVER 15.0%
TEST WEIGHT:
              -2 CENTS PER POUND 53.9# TO 52.0#
              -3 CENTS PER POUND 51.9# TO 50.0#
             -4 CENTS PER POUND 49.9# AND BELOW
              BELOW SUBJECT TO REJECTION
DAMAGE:
              -2 CENTS PER POINT FROM 5.1% TO 10%
              -4 CENTS PER POINT 10.1% TO 20%
              ABOVE SUBJECT TO REJECTION
FM:
              -5 CENTS EACH 1% FROM 3.1% TO 10%
              ABOVE SUBJECT TO REJECTION
HEAT, SOUR, MUSTY, BUGS:
              -10 CENTS PER BUSHEL
AFLATOXIN:
              MARKET SCALES AT DELIVERY

SOYBEAN DISCOUNTS:

MOISTURE:
                     1.5% SHRINK EACH ½ POINT 13.1% TO 15.0%
                     2.5% SHRINK EACH ½ POINT OVER 15.1%
                     ABOVE 15% SUBJECT TO REJECTION

TEST WEIGHT:
                     -1 CENTS PER POUND UNDER 54#
DAMAGE:
                   MARKET SCALES AT DELIVERY

FM:
OVER 1% WILL BE DEDUCTED FROM BUSHELS

HEAT, SOUR, MUSTY, BUGS:
-20 CENTS PER BUSHEL

ANY GRAIN THAT HAS BEEN TREATED WITH A SEED TREATMENT OR UNIDENTIFIED ODOR OR SUBSTANCE WILL BE REJECTED.

WAREHOUSE RECEIPTS:
CORN WILL BE DISCOUNTED TO 14.0%
SOYBEANS WILL BE DISCOUNTED TO 13.0%

ALL GRAIN WILL BE PRICED AT LOCATION IT WAS DUMPED
ALL DISCOUNTS AND PROGRAMS ARE SUBJECT TO CHANGE WITHOUT NOTICE