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Central MN soybean yields
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oldbones
Posted 9/29/2016 20:33 (#5555842 - in reply to #5555054)
Subject: RE: Central MN soybean yields



Floyd County, Iowa
jedstivers - 9/29/2016 11:05

I'd rather cut a 15 than 11.


Here, that (15%) would be a dock of 1.5% of selling price per 1/2 point moisture over 13 up to 15. Above 15 is 2% of selling price per 1/2 point.

2 points moisture equals 6% dock. That's 53 cents/bushel with todays price of $8.76, and 15.1% would cost you 70 cents/bushel.

If you sold some new crop back when beans hit $11.00, that 15% would cost 66 cents.

Plus, any load over 14 stands on it's own, no moisture averaging.
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