| 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. ;-) |