2012 WHEAT SEASON
Your wheat is 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 wheat on the basis of quality to preserve the quality of the other wheat in storage. We will be responsible for maintaining wheat 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.
Moisture: $.03 for ea. ½ % for moisture 13.6 and up
Shrink: .7% for ea. ½% for moisture of 13.6 and up
Test Weight: $.04 for ea. ½ lb. for test weight of 57.9 to 57
$.05 for ea. ½ lb. for test weight of 56.9 to 54
$.10 for ea. ½ lb. for test weight of 53.9 to 50
Below 50 lb. Test weight - REJECTED
Damage: $.02 for ea. 1% from 4.1% to 10%
Over 10% - Subject to Rejection
Scab Damage Wheat will be subjec to Vomitoxin test and discounts
Foreign Material: $.02 for .8% to 1%
$.03 for ea. 1% from 1.1% to 5%
Shrunken and $.02 for ea. 1% from 5.1% to 10%
Broken Kernels $.05 for ea. 1% from 10.1% to 20%
Total Damage: $.01 for ea. 1% from 5.1% to 10%
$.02 for ea. 1% from 10.1% and Over
Over 10% Subject to Rejection
(Total Damage = DM + FM + SB)
Vomitoxin: Over 2 ppm is subject to discounts
Over 5 ppm is subject to rejection
Dockage will be deducted from gross weight.
Storage & Out Handling Charges:
You will have 10 days of "free time" before your wheat will be put into storage. You will be charged $.15 per bushel or a minimum of $15.00 per load if you wish to remove your wheat. If you transfer your wheat to another party, there will be a $.05 per bushel transfer fee. There will be no charge for grain processed through our feed mill or through CP Feeds LLC or for grain being sold through the Co-op.
Cost of Storage and DP (Delayed Price):
If you do not wish to market your wheat immediately, you may store it in our facility, apply it to a minimum price contract, a basis contract or in D.P. After 10 days, the cost of the storage will be $.00167 per bushel per day. (Approx. $.05 per bushel per month)
A minimum monthly storage charge of $5.00 will apply. D.P. charges will be $.20 per bushel plus $.05 per bushel per month starting upon delivery. All D.P. wheat must be priced by March 31st, 2013.
Payment for Wheat:
If you sign a contract to sell your wheat, you will be paid for that wheat 7 days after you complete your contract. Notification of your last load or delivery would be greatly appreciated.