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2023 STORAGE, SHRINK AND PRICING POLICY 09/26/23 1:42:10 PM
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CORN: Minimum Storage 16 Cents thru 12/31/22 Additional Storage Starting 1/1/23 3 Cents per Month thru 8/31/23
Sold Moisture 15% Stored Moisture 14% (shrink to 14%, only dry to 15%) Shrink 1.4% per point of moisture (breaking on the 1/10) Drying 4 Cents per point to 25% (breaking on the 1/2%) Drying 6 1/2 Cents per point above 25% (breaking on the 1/2%)
CORN MOISTURE AVERAGED BY THE FARM LOADS OVER 20% MOISTURE WILL STAND ALONE
SOYBEANS: Minimum Storage 19 Cents thru 12/31/22 Additional Storage Starting 1/1/23 3 Cents per Month thru 8/31/23
Sold/Stored Moisture 13% Shrink 2.3% per point of moisture to 16% (breaking on the 1/2%) Shrink 4.6% per point of moisture above 16% (breaking on the 1/2%)
SOYBEAN MOISTURE WILL NOT BE AVERAGED
PRICING POLICY: All grain delivered on Saturdays will be assigned that day of delivery and assigned the Saturday's spot price, if grain was sold across the scales.
All grain delivered on a Sunday will be assigned the following Monday close of market spot price, if grain was sold across the scales.
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