Discount Schedule  09/05/24 9:19:20 AM

RATES FOR 2024 HARVEST
 
CORN DP:      .22 cents/bu. Fee to January 15, 2025, then 4.0 cents/bu. per month, prorated daily.
 
SOYBEANS DP:  .25 cents/bu. Fee to January 15, 2025, then 5.0 cents/bu. per month, prorated daily.
 
 
 
DRYING RATES:
 
15.1 TO 17.0 = 2.5 CENTS PER ½ POINT
17.1 TO 30.0 = 2.0 CENTS PER ½ POINT
 
 
Above 30% moisture will be discounted at 5 cents per ½ point and subject to rejection.
 
 
 
SHRINK
 
CORN   DP:                                                 Shrunk to 14% moisture
CORN SPOT/CONTRACT:                           Shrunk to 15% moisture
 
                                           A shrink factor of 1.4 % per point will apply to Corn DP, Spot or Contracted.
 
SOYBEANS DP/SPOT/ CONTRACT:          Shrunk to 13% moisture
 
A shrink factor of 1.5% per ½ point from 13.1%-15.0%
       A shrink factor of 2.0% per ½ point above 15.1% and subject to rejection
 
 
 
  1. A new minimum rate will be charged on 9/16/24 for all old crop bushels currently on DP.
  2. All grain not immediately sold or applied to contract will be charged the minimum DP rates one week after delivery on a load-by-load basis.
  3. Grain on DP cannot be applied to sales contracts and must be sold at the nearby cash price.
  4. All rates and policies are subject to change without notification as dictated by market conditions.
 
All rates effective 9/16/24


DISCOUNT SCHEDULE - CORN
 
 
Moisture                          15.1 TO 17.0 = 2.5 CENTS PER ½ POINT
                                        17.1 TO 30.0 = 2.0 CENTS PER ½ POINT

Above 30% moisture will be discounted at 5 cents per ½ point and subject to rejection

                                          
 
 
Test Weight                      $0.01 per lb, 53.9 - 52.0 lbs
                                          $0.02 per lb, 51.9 - 48.0 lbs
                                          $0.04 per lb, 47.9 lbs and below
                                          Subject to rejection below 48 lbs.

 
 
Damage                            $0.02 per each 1%, 5.1 - 7.0%
                                          $0.03 per each 1%, 7.1% to 10.0%
                                          $0.04 per each 1%, 10.1% and above
                                          Subject to rejection above 15%

 
  
Foreign Material               $0.02 each 1%, 3.1 - 4.0%
                                          $0.03 each 1%, 4.1 - 7.0%
                                          $0.06 each 1%, 7.1% and above
                                          Subject to rejection above 10%

 
 
Heat Damage                    Subject to rejection
 

Sour                                  $0.10
 

Infested                            $0.10
 

Musty                                $0.07
 

C.O.F.O.                             $0.10

 
All discounts are subject to change without notification.
Effective 9/16/24





DISCOUNT SCHEDULE - SOYBEANS
 
Moisture                          1.5% shrink factor per ½ point 13.1% - 15.0%
                                        2.0% shrink factor per ½ point 15.1% and above
                                        Above 15.0% subject to rejection

 
 
Test Weight                    $0.01 per lb, 53.9 - 50.0 lbs
                                        $0.02 per lb, under 50.0 lbs
 
 
Damage                           $0.01 per each 1%, 2.1 - 8.0%
                                        $0.02 per each 1%, over 8.0%
 
 
Foreign Material             Above 1.0% deducted from gross weight
 
 
Heat Damage                  Subject to rejection

 
Splits                               $0.025 each 5% above 20%


SBOC                                $0.005 each 1.0% above 1.0%

 
Green/lima                      Over 1% = $0.10

 
Sour                                 $0.20

 
Musty                               $0.10

 
C.O.F.O.                            $0.15

 
Heating or Hot                 $0.20
 
 
All discounts are subject to change without notification.
Effective 9/16/24





 
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN