The "location" choices have been updated. Glenville Grain @ Poet is corn sold to the elevator and delivered to Poet. Effective immediately (8/13/10) Glenville Grain is suspending purchases on "Hedge-to-Arrive" contracts.
Cash bids posted for the "Glenville Grain @ Poet" location are based on delivery to Poet Glenville on Tuesdays and Thursdays each month using Poet's scale of discounts. Corn that is sold to Glenville Grain that is rejected by Poet may still be delivered to the elevator, if accepted, but will be subject to a 6 cent discount for freight and handling and will use Glenville Grain's discount scale. Please keep in mind that Poet will reject any corn that is over 16% moisture!
