09/10/12 4:25:46 PM

 

 

Reddick Facility
 
Schedule of Rates-Fall Harvest of 2012
 
Scale Tickets: 
 
   Please make sure your ticket is marked properly for the following: Landlord, tenant, commodity, and how you want your grain applied (contract, price later, stored, or sold).   All grains will be allowed a 7 day grace period from any storage or DP service charges from the day of delivery or charges will apply with no exceptions.
 
Storage Rates:
 
   Corn: 23 cents minimum to 1-31-12, then (4 cents per month) until 8-31-12.
 
   Soybeans: 25 cents minimum to 1-31-12, then (4.5 cents per month) until 8-31-12.
 
Price Later Service Charges (DP):
 
   Corn: 10 cents minimum to 12- 31-12 then (3.0 cents per month) until 8-31-13.
 
   Soybeans: 13 cents minimum to 12-31-12, then (3.0 cents per month) until 8-31-13.  
 
Moisture: 
 
  Corn Sold:     (Contracted and spotted)
       Drying charge: 15% to 25% at .02 per ½ point
 
       Shrink   1.4% per point of moisture to 15%                      
 
     
   Stored Corn: (Open Storage & Price Later)     
      Drying charge: 14.5% to 25.0% at .02   per ½ point
 
       Shrink   1.4% per point of moisture to 14.5%
 
       Drying deducted from check         
 
  Soybeans:    (Contracted, Stored, and DP)
      Drying charged at .14 cents per ½ point from 13% to 15%
 
       Loads 15.1 % or higher will be charged at .16 cents per ½ point
 
Drying charges deducted from check
 
Other Discounts:
 
    Corn 
        Aflatoxin: Acceptable from 0 to 20ppb, after 20ppb market discount will apply and/or subject to rejection

 
       Foreign Material: 3.0% allowed – .01 cent each point 3.0% to 5.0% over 5% will be discounted at current market rate.
 
       Damage: 5.0% allowed – .01 cent for each 1 point 5.0% to 7% over 7% will be discounted at current market rate.
 
       Test Weight: 54 lbs. allowed – .01 cent each lb. to 52.0 lbs. under 52 lbs. will be discounted at current market rate. 
          
    Soybeans    
       Foreign Material: 1.0% allowed – above 1% is a direct weight deduction.
 
       Damage: 2.0% allowed – .03 cents each 1 point above 2%.
     
       Test Weight: 54.0 lbs. allowed – .01 cent each lb. to 52.0 lbs. under 52 lbs. will be discounted at current market rate.  
 
   Other Discounts
 
          Infested   
             .15 cents per bushelcorn and beans
 
          Sour and Cofo
            .10 cents per bushel on corn    .20 cents per bushel on beans
 
          Musty
            .10 cents per bushel on corn and beans
 
           Heating or Hot
            .10 cents per bushel on corn and beans
 
 
 
Corn or Soybeans carried over to the next year:
           
Will be assessed the new minimum on September 1, 2013
 
 
WE DO NOT AVERAGE GRAIN
EACH LOAD STANDS ON ITS OWN
 
 
 
This schedule of rates takes effective on 9/10/2012
 
Subject to change without notice
 
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Cash bids subject to change without notice.
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