AgTalk Home
AgTalk Home
Search Forums | Classifieds (161) | Skins | Language
You are logged in as a guest. ( logon | register )

Soybean FM question, need math help
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
H3f
Posted 9/24/2020 09:37 (#8512741 - in reply to #8512246)
Subject: RE: Soybean FM question, need math help


60000 Net
12.30% H2o
8.50% FM

60206.90               corrected for H2O
-5100.00               FM deduct
55106.90               corrected weight

                      ticket dollars                                       dollars after corrections
bu                          1000                                                918.45 actual SB bu present
price                      9.55
                           $9,550.00                                         $8,738.25

$$/bu                    $9.52                                               $9.51
            corrected price                                          corrected price for
                for moisture                                                  actual SB bu

Unknown if there is a dock or discount associated with foreign matter or if FM is deducted from weight. Bottom line there is 918.45 bushels of soybeans in truck when corrected for moisture and FM. At $9.55/bu, load should be worth $8738.25. What you actually receive would be an indicator of actual dock.

I reserve the right to be wrong. ;-)

Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)