205 First Ave SW • Le Mars, IA 51031

Fall 2015 Grain Policies 9.25.2015

Disposition

Please provide scale operator with accurate information regarding owner’s name/names, if split. Storage starts on the average day of delivery; you have 10 days to decide disposition – sell or store your grain.  All minimum charges are billed at time of settlement and balance due taken out of check at time of selling.  After one year, storage will be billed.

 

Grain Bank

2.5¢ per month, beginning the month grain brought in, and computed each month thereafter on the 1st of each month on the remaining balance.

 

• Grain Bank corn must be used in “GRIND & MIX” feed or corn cracking with protein.

 

• Load Out of Grain Bank – 5.0¢ per bushel charge and regular storage rates

 

• Sold Out of Grain Bank – 8.0¢ per bushel charge and regular storage rates

Warehouse Receipt Storage

First 100 days • 18¢ per bushel minimum charge

Next 265 days • 1/8¢ per bushel per day (3.8¢ per month)

Thereafter • 1/5¢ per bushel per day (6.0¢ per month

Corn & Oats

 

First 100 days • 20.0¢ per bushel minimum charge

Next 265 days • 1/8¢ per bushel per day (3.8¢ per month)

Thereafter • 1/5¢ per bushel per day (6.0¢ per month

Soybeans

 

 

Price Later Contracts

Drying

Drying charges will be 4.0¢ per bushel per point of moisture removed • Minimum drying charges will be 4.0¢ per bushel.

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