Storage Requirements
Effective September 1, 2008
In order to meet storage requirements, corn is shrunk to 14.5% moisture, soybeans are shrunk to 13.0% moisture and wheat is shrunk to 13.5% moisture.
Storage begins on the weighted average date per delivery sheet.
Grain sold within 5 days of the final delivery date will not be charged storage,
subject to management's discretion.
Storage is charged on net bushels after shrink and deduction for foreign material.
Storage charges assessed against stored grain that is carried forward from past crop years is due no later than September 15th of each crop year.
Storage Rates
| Corn | Minimum charge of $0.07 per bushel upon delivery and then $0.00075 per bushel per day until the corn is sold. |
| Soybeans | Minimum charge of $0.09 per bushel upon delivery and then $0.00075 per bushel per day until the soybeans are sold. |
| Soft Wheat | Minimum charge of $0.05 per bushel upon delivery and then $0.00075 per bushel per day until the wheat is sold. |