Monmouth  08/28/20 3:27:41 PM Printer Friendly VersionPrinter Friendly Version

MONMOUTH/GERLAW/NORTH PLANT 
T.J. Lindburg- Merchandiser/Logistics Coord.
903 South Sunny Lane,
Monmouth, IL 61462
Phone: 309-734-8423
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 90 days of Anniversary date – 14.0 cents per bushel
                                                                          Daily rate of $.0007 per bu. / per day thereafter
                                                                          Annual rate of .3325 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 90 days of Anniversary date – 15.0 cents per bushel
                                                                          Daily rate of $.0007 per bu. / per day thereafter
                                                                          Annual rate of .3425 cents per bushel
 
Note: Minimums will be reinstated on October 1st on all grain carried over to the following year.
 
Note:  Grain may be placed on a hold disposition for 10 days maximum, from ticket date.  Grain without a disposition after the 10 days will automatically be moved to storage.
 
All rates listed above are subject to change without notice.
 
 
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