Posted 3/28/2013 10:49 (#2997421) Subject: Please check or correct my logic/math on grain drying costs at the elevator
Western NY
If I brought corn to the local elevator and these are my variables:
56 lbs/bu
20 % moisture
Market price is 7.00
Drying cost is .35/bu
Shrink is 9.1 %
No deduction for test weight of anything 56 lbs or greater
What would I get paid?????
7.00-.35(for drying)= 6.65
.091(shrink)x7.00(market price)= .637
6.65(price after drying)-.637(shrink cost)= 6.013 Does look right for final cost after shrink and drying cost???
Please check or correct my logic/math on grain drying costs at the elevator
