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NCKS | We have a certified scale and keep very good records of where grain goes. We utilize MAL loans on grain stored in our grain bins, but have always gotten the loans on whole bins and each entity would have its bin(s) to put grain in and get a loan on. For many reasons, it would simplify things to be able to just get a loan on the grain that the entity has on the entire bin site rather than specific bins. That way we could just dump, transfer and dry without keeping track of whose grain went into which bin and wouldn't have to worry about which bin is still under loan when loading out. Is this possible or does it have to be in a commercial grain facility to do this?
Our local offices always acts like we're the only ones doing these loans and are under staffed or I'd ask them. | |
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MAL or CCC Loan on bins with grain from multiple entities
