888-811-2667 Saturday, September 4, 2010  
 
 

Grain

Grain  |   Contracts  |   Corn  |   Oats  |   Soybeans  |   Wheat


Oats  11/10/09 2:57:29 PM

General: 

 

Your oats are sampled, weighed, the moisture tested and the test weight taken when you arrive.  All calculations are made using this information.  A copy of the scale ticket will be given to you at the time of delivery. 

 

We reserve the right to reject oats on the basis of quality to preserve the quality of the other oats in storage.  We will be responsible for maintaining oats in good condition and to insure it against loss.  Prices are subject to change without formal notification.  All price changes will be posted on the effective dates. 

 

Charges: 

 

 

 Drying charges and discounts are based on incoming or wet weights.  Oats that are at 13% moisture or less will not need to be dried.  Oats that are above 13% moisture will be dried at a charge of $.06 per bushel plus $.02 per point of moisture removed. 

 Shrinking Calculations: 

  All oats are based on 13% moisture. 

 

1.6% shrink per point of moisture removed from the oats. 

 

Storage:  We will allow you 10 days of "free time" before your oats will be put into storage.  You will have 10 days to decide whether you should sell your oats or whether you should leave them in storage.  There will be no "free time" for loading out.  Fees for this will fall under the Out Handling Charges.  A minimum monthly storage fee of $5.00 will apply.  

 

 

 

 

Cost of Storage: 

 

If you do not wish to market your oats immediately, you may store them at our dryer.  Oats going into storage will be charged $.15 per bushel.  This cost will cover storage costs through October 31 of next year.  After November 1 of next year, the cost of the storage will be $.002 per bushel per day.  (Approximately $.06 per bushel per month). 

 

Payment for Oats: 

 

If you sign a contract to sell your oats, you will be paid for those oats 7 days after you complete your contract.  Notification of your last load or delivery would be greatly appreciated. 

 

Discount Schedule: 

 

If oats are sold to Agri-Partners for immediate sale, the following discounts apply: 

 

36.0# test wt. = .0200/bu        35.5# test wt. = .0300/bu        35.0# test wt. = .0500/bu
34.5# test wt. = .0600/bu        34.0# test wt. = .0800/bu        33.5# test wt. = .0900/bu
33.0# test wt. = .1000/bu        32.5# test wt. = .1100/bu        32.0# test wt. = .1200/bu
31.5# test wt. = .1400/bu        31.0# test wt. = .1600/bu        30.5# test wt. = .1800/bu
30.0# test wt. = .2000/bu       

Oats that have a lower test weight than 30#, and is not rejected, will be charged a higher discount rate. Dockage will be deducted from gross weight. 

 

 

 

Out Handling Charges: 

 

You will be charged $.15 per bushel or a minimum of $15.00 per load if you wish to remove your oats to take home or to market with a different company.  There will be no charge for grain that is processed through CP Feeds LLC or for grain being sold through Agri-Partners.
 

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