GRAIN POLICIES

CORN

SCALE TICKETS 

All grain will be considered SOLD unless scale tickets are marked.

(Contract, Sell, Open, Grain Bank, Price Later, or Warehouse Receipt)

Please make sure your truckers know your plans when delivering or the grain will be sold. Also, please know what your landlords want to do before delivery.  

*Sold grain will be priced at close the following business day. 

*Acceptable moisture for “sold” corn is 15%.

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OPEN TICKETS 

Open tickets will be considered SOLD, but with an open pricing date. Corn delivered Monday through Saturday will be priced the following Thursday at close, or before if requested by the producer.

*Open tickets cannot be moved to Price Later, Grain Bank, or Warehouse Receipt. 

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WAREHOUSE RECEIPT

Warehouse receipts have a 7 cent in-charge per bushel with a 3 cent per bushel, per month storage charge. 

*Acceptable moisture for Warehouse Receipts is 13%.

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PRICE LATER

Price Later will be offered at 5 cents per month with NO minimum. All Price Later Corn must be priced by August 31, 2020.

*Acceptable moisture for Price Later is 14%.

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GRAIN BANK

Please call office with questions regarding quantity limits.

*Acceptable moisture for Grain Bank corn is 14%. 

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DRYING

Drying charges are 5 cents with 1.5% dockage per point.  The load out fee is 7 cents per bushel.

SOYBEANS

SCALE TICKETS 

All grain will be considered “SOLD” unless scale tickets are marked.

(Contract, Sell, or Price Later) 

*Soybeans cannot be put into Warehouse Receipts.  

*Sold grain will be priced at the close of the following business day. 

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OPEN TICKETS 

Open tickets will be considered SOLD, but with an open pricing date. Soybeans delivered Monday through Saturday will be priced the following Thursday at close, or before if requested by the producer.

*Open tickets cannot be moved to Price Later.

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PRICE LATER 

Price Later will be offered at 5 cents per month with NO minimum. All Price Later soybeans must be priced by August 31, 2020.

* PL charges will be waived if soybeans are priced prior to 10/31/19. *

***Available as space allows***

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Deferred payments available upon request. 

Please call the office.

*SUBJECT TO CHANGE WITHOUT NOTICE*

RATES