Corn Drying Rates
• 3.5 cents per point of moisture removed (figured to the 1/10th percent)
• Corn is dried to 15% moisture for sales, basis contracts, and DP, and 14% moisture to store
• 1.35% total shrink
Bean Moisture Discounts
• 1% of price each ½% moisture over 13% to 15%
• 2% of price each ½% moisture over 15%
• Over 17% is subject to rejection
Minimum storage: 18.00 (cents)
After 90 days storage accrues daily at 3.5 cents/month pro-rated daily. Minimum will buy you 90 days of storage based on the weighted average delivery date.
Minimum storage: 22.00 (cents)
After 90 days storage accrues daily at 4 cents/month pro-rated daily. Minimum will buy you 90 days of storage based on the weighted average delivery date.
When grain is sealed and a warehouse receipt is issued; storage, freight and drying must be paid in advance. A warehouse receipt will not be issued if this is not done. If you are not sealing your grain, you do not need a warehouse receipt. Your scale tickets are proof of storage.
30 cents flat until September 30th. Must price using spot month bid.
40 cents flat until September 30th. Must price using spot month bid.
5 cents per bushel
8 cents per bushel
2 cents each LB under 52
2 cents per 1% over 3.5% to 10%
4 cents per 1% over 10%
2 cents per 1% over 3.5% to 5%
4 cents per 1% over 5%
Wevely: 10 cents (subject to Rejection)
Sour: 10 cents
Musty: 10 cents
Heat: 10 cents
COFO: 10 cents (subject to Rejection)
Declaration of Grain
All grain delivered to TriOak facilities must be declared as sold (contract/spot) or stored by Monday evening of the week following delivery. If no declaration is made at or prior to that time, grain will automatically be placed in storage.
Oakville/Bushnell – 319-766-2230
Morning Sun – 319-868-5720
Richland – 319-456-6251
All information is subject to change without notice.