903 South Sunnylane, PO Box 768,   Monmouth, IL 61462                           Phone 309.734.8423     Fax 309.734.4878

 

Storage & Drying Rates for 2020 Fall Crop
 
CORN
 
                Drying Charge:                                    Dried to 15% - Shrink factor of 1.35%
                  (Corn Sold/ price later)                     Drying charge of $.0275 per bushel per point
                                                                                 Drying charges are calculated on dry bushels
 
               Drying Charge:                                    Dried to 14% - Shrink factor of 1.35%
                 (Corn Stored)                                      Drying charge of $.0275 per bushel per point
                                                                                Drying charges are calculated on dry bushels.
 
               Storage Charge:                                  Minimum for first 100 days of Anniversary date – 14.0 cents per bushel
                                                                                Daily rate of $.0005 per bu. / per day thereafter
                                                                                Annual rate of .2725 cents per bushel
 
                                                               
                                                                                                SOYBEANS
 
              Drying Charge:                                     Dried to 13% - Shrink factor of 1.4%
                                                                               Drying charge of 2.50 cents per bushel per point
                                                                       
 
             Storage Charge:                                    Minimum for first 100 days of Anniversary date – 15.0 cents per bushel
                                                                                Daily rate of $.0005 per bu. / per day thereafter
                                                                                Annual rate of .2825 cents per bushel
 
 
    Note: Minimums will be reinstated on October 1st each year. 
 
All rates listed above are subject to change without notice