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How does your elevator handle moisture discounts
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Oliver1
Posted 7/9/2020 10:58 (#8363192 - in reply to #8362936)
Subject: RE: How does your elevator handle moisture discounts



Alton, Ia
That's why these phone apps or grain websites that advertise getting your best price will never work. The devil is in the details, always.

Our local grain buyers, for corn:
A: All loads delivered within 30 days from first load, or until 'settled' against a contract, are averaged for moisture, FM, damage and TW. Moisture is to 15% unless on WH receipt, then 14%, any load under 13% is set to 13. Some wet falls, they will throw a temporary upper limit, like 18% and any load above that is not averaged. Doesn't really matter since in a wet fall almost all your corn is high.

C: All loads averaged within 30 days or until settled. MC, Dam, FM & TW.

E: No load averaging, up to 18% accepted, no drying, 1.5% shrink above 15.

F: Loads averaged, within 15 days.

R: 15.9 or less averaged, 16.0+ stands alone. 15 days to settle.

Load averaging around here is very normal, it all goes in the same bin anyway, unless it's really wet. Maybe it's a competition thing because other posters don't seem to have it. I will let you guess which site usually has the highest bid, but you have to know what you are hauling in to be sure.



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