Discounts / Price Later Program / Storage Program
2008-2009 Crop Year
Test Weight: $.005/bu for each lb. from 53.9 lb to 53.0 lb $.01/bu per lb or fraction from 52.9 lb to 48 lb under 48 lb – SEE MANAGEMENT
Moisture: 1% of gross weight will be deducted per half (1/2%) point of moisture for 13.0% to 16.0% moisture. 2% of gross will be deducted per half percent of moisture from 16.1% to 18.0%
Above 18.0% - SEE MANAGEMENT
Other Colors (sboc): Brown, Black, etc. $.005/bu for each 1% or fraction thereof in excess of 1%.
Damage: $.02/bu from 2.1% to 3.0%, $.03/bu from 3.1% to 4.0%, $.04/bu from 4.1% to 5.0%, $.04/bu from 5.1% and up.
Heat Damage: $.02/bu every half point above .5%
Foreign Material: FM over 1.0% will be deducted from gross weight.
Splits: $.03/bu for every 5 percentage points above 20%
Other Factors: Sour……………….. $.10/bu
Musty……………... $.10/bu
Infested (bugs)……. $.10/bu (subject to rejection)
Hot or Heating……. $.10/bu (subject to rejection)
COFO…………….. $.10/bu (subject to rejection)
Soybeans applied to Price Later (DP) will receive three (3) grace days from delivery day then charged 21 cents dump fee. Starting January 1, 2009 $.015/bu will be charged on the 2nd and 15th day of each of the following months until priced. Grain must be priced by August 31, 2009.
Soybeans applied to Warehouse Receipt will receive three (3) grace days from delivery day then charged 21 cents dump fee. Starting January 1, 2009 $.015/bu will be charged on the 2nd and 15th day of each of the following months until priced. Grain must be priced by August 31, 2009.
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