Policies

---

2025 HARVEST POLICY

Storage Charges:

• Open storage minimum: 20 cents for Corn and 22 cents for Beans
• Warehouse receipt minimum: 20 cents for Corn and 22 cents for Beans

Minimum storage charge runs through January 1, 2026. Monthly charges start January 1, 2026, and continue through July 31, 2026. Corn and beans monthly charge: corn 3 cents and beans 4 cents per month prorated daily.

Grain that is not sold 10 days after completion of a field (or lack of activity on a field) will be placed into storage, and have storage charges assessed to those bushels. 

Bushels in open storage on August 1, 2026, will be subject to a minimum storage fee  of .25 cents. There is no more storage on these bushels until January 1st 2027.

Price Later Service Charges:

Corn: 18 cents per bushel per month through January 1, 2026, then 3 cents per bushel per month prorated

Beans: 20 cents per bushel per month through January 1, 2026, then 4 cents per bushel per month prorated

Shrink Factors:

Corn Shrink Factor:  1.4% per point of moisture removed; Open storage and warehouse receipt corn:  drying to 15.0% shrink to 14%;  Price later contracts and cash:  drying to 15.0% shrink to 15.0%.

Bean Shrink Factor:  3.0% per point of moisture removed from 13.1% to 15.0%; 6% per point of moisture removed above 15.0%.

Bean moisture will be averaged by the day on loads up to 15%. Over 15% will be on a load by load basis. All other bean discounts will be on a load by load basis

Corn Drying Rates:

2 cents per point above 25%

Storage charges will be deducted from grain checks unless the customer requests to be billed.