October 1, 2009 Glenville Grain’s Grain Policies Snapshot
Poet Commitment Redelivery Program (CRP)
- #2 yellow corn (will be shrunk to 14%), normal drying charges
- 6 ¢ /bu fee included in CRP program price
- First come, first serve for available space thru harvest
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Corn delivered to Glenville
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Poet Commitment Date
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CRP fee/bu
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Harvest thru December
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After Harvest before Jan 1st
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11¢
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2nd Quarter (thru March)
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21¢
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3rd Quarter (thru June)
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31¢
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4th Quarter (thru September)
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41¢
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Glenville Grain Storage Rates
No warehouse receipts issued for corn. You will have 10 days to decide whether to store or sell your corn. If nothing is done, it automatically goes into storage that begins from the average date of delivery.
Corn Storage and Discounts
- 12¢ per bushel minimum charge for first 90 days
- 4¢ per bushel per month thereafter thru September 30, 2010
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Shrink
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Moisture
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Drying
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1.4% per pt
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Sold: 15%
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4.5 ¢ per pt/bu
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Storage: 14%
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(up to 30% moisture)
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Test Weight Discount /Pt/Bu
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Other Corn Discounts
ALL CORN SUBJECT TO REJECTION FOR PRESENCE OF MYCOTOXINS.
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FM Discount /Pt/Bu
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53 – 53.9#
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1¢
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3.1 – 4.0%
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2¢
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50 – 52.9#
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2¢
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4.1 – 5.0%
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3¢
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49.9# and below
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4¢
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5.1% +
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4¢
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Under 46#
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subject to reject
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Damage Discount /Pt/Bu
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Other Quality Discounts /Bu
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5.1 – 7.0
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2¢
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SOUR
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10¢
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7.1 – 10.0
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3¢
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MUSTY
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5¢
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10.1+% is subject to rejection or prevailing market conditions
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INFESTED 2+ LIVE WEEVILS
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min15¢ but subject to reject
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