Home
About Us
Cashbids
Service Charges
Marketing Programs
Specialty Grain
USDA REPORT
Illinois Soybean Association
Illinois Corn Growers Association
Illinois Wheat Association
Illinois Farm Bureau
Grain & Feed Assocation
USDA WEBSITE
Montgomery County Farm Bureau
Christian County Farm Bureau
National Grain & Feed Assoc.
U.S. Grain Council
ATTENTION
Charts
Futures Markets
Markets Page
Options
Grain
US Ag News
Weather

  Service Rates  10/02/19 10:53:59 AM


Rt. 16 Grain Cooperative 2019-2020 Discount Schedule
* UPDATED: 8/29/2019 

STORAGE RATES:
 
CORN:  STORAGE IS 18 CENTS PER BUSHEL THROUGH 12/31/18, AND THEN 3 CENTS/MO PRORATED DAILY


SOYBEANS:  STORAGE IS 19 CENTS PER BUSHEL THROUGH 12/31/18, AND THEN 3 CENTS/MO PRORATED DAILY


DP RATES:
 
CORN:  DP IS 17 CENTS PER BUSHEL MINIMUM THROUGH 12/31/2018, AND THEN 3 CENTS/MO PRORATED DAILY
 
SOYBEANS: DP IS 18 CENTS PER BUSHEL MINIMUM THROUGH 12/31/2018, AND THEN 3 CENTS/MO PRORATED DAILY
 
 
CORN

Moisture - 1.4% shrink factor per bushel per point of moisture (breaking on the ½ point)
 
** OPEN STG/WHR WILL BE SHRUNK TO 14.0% AND DRIED TO 15.0% MOISTURE
 
** SOLD AND DP WILL BE SHRUNK AND DRIED TO 15.0% MOISTURE
 
 
 

Drying –
FALL (SEPT/OCT/NOV) DLVD:
15.1% - 20.0% - 4 cents per point 
20.1% - 25.0% - 3 cents per point 
25.1% and up - 4 cents per point

Damage:
5.1 to 7% - 3 cents per point
7.1 to 10% - 4 cents per point
Above 10.1% - 6 cents per point

FM:
3.1 to 5% - 3 cents per point
5.1 to 15% - 4 cents per point
15.1% and over 5 cents per point


Test Weight: Discounted below 54.0
53.9 to 52.0 - 1 cents per point
51.9 to 50.9 – 2 cents per point
49.9 and below - 4 cents per point

Sour – 10 cents per bushel
Musty – 5 cents per bushel
Weevily – 10 cents per bushel

BEANS

Moisture:
·        3.0% SHRINK PER POINT FROM 13-15%(BREAKS ON ½ POINT)
·        4.0% SHRINK PER POINT ABOVE 15.0% (BREAKS ON ½ POINT)
 
Test Weight - Discounted below 54.0 -1 cent per point

Damage - Discount above 2.0
2.1 to 5.0% - 2 cents per point
Above 5.1% - 4 cents per point


FM - discounted above 1.0
FM above 1.0 will be deducted from gross weight
Heat Damage
.30 - .50 - 3 cents per point
.60 - 1.0 - 6 cents per point
1.1 - 1.5 - 9 cents per point

Sour - 10 cents per point

Sour – 10 cents per bushel
Musty – 10 cents per bushel

* Discount schedule subject to change at any time without notice.
 
 
                                
PLEASE BE SURE DRIVERS DELIVERING GRAIN TO THE ELEVATORS KNOW WHAT IS TO BE DONE WITH EACH LOAD (STORE, SELL, CONTRACT, ETC.) FOR BOTH LANDLORD AND TENANT. IT WILL OTHERWISE BE CONSIDERED SOLD AT THE TIME IT CROSSES THE SCALE.
 
 
WE LOOK FORWARD TO SEEING YOU THIS FALL AND HOPE YOU HAVE A SAFE HARVEST!
 
                                                                                                             RT. 16 GRAIN COOPERATIVE

 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN