2019 CROP STORAGE RATES AND POLICIES

Corn and Soybean storage rates are as follows:

• Minimum storage charge through March 31st, 2020 is 20¢ per bushel.
• Storage charge beginning April 1st, 2020 is 3¢ per bushel per month.
• The monthly fee is calculated and charged on the first day of each month.
• Storage is due and payable at the time of settlement, except that it must be prepaid
  if grain is placed under government loan.

Shrink and Drying Policies:

• Corn delivered for sale will have a base moisture of 15%.
• Corn delivered to be stored will have a base moisture of 14%.
• Corn shrink is calculated at the rate of 1.4% per 1% of moisture over the base moisture.
• Corn drying charges are 1.65¢ per bushel for each 1/2% moisture over the base moisture.
• Corn moisture and discounts are calculated separately for each load.
• Drying charges will be billed after harvest and will be due the following January 15th, except for loan corn, which will be due when the warehouse receipt is issued.
• Soybeans will be shrunk to 13% at the rate of 1.15% per 1/2% of moisture over 13.1%.
• Soybean moisture and discounts are calculated separately for each load.
• We reserve the right to reject any soybeans having a moisture content over 15%.

 Quality Discounts:

• Soybean foreign material over 1% will be deducted from the weight of the affected load.
• Total broken corn and foreign material discount is 1¢ per bushel for each 1% over 3%, up to 7%. Over 7%, the discount is 2¢ per bushel for each 1%
• Corn damage in excess of 5.0% will be discounted 1¢ per bushel for each 1% over 5%.
• Aflatoxin contaminated corn at levels greater than 20 ppb is subject to discount or rejection.
• Insect infested grain will be discounted 5¢ per bushel on the affected load.
• It is a federal offense to deliver treated grain or seed to our facility!