STORAGE RATES

• Corn : 22 cents per bushel from date of receipt through January 1, 2010/corn delivered after Nov 15 - 19 cent minumum per bushel to January 1, 2010/corn delivered after Dec 1 - 14 cent minimum per bushel to January 1, 2010; then 1/10 cent per bushel per day through August 31, 2010. Corn delivered after January 1, 2010 - 7 cents/bu minimum to January 25, 2010; then 1/10 cent per bushel per day to August 31, 2010.
• SoyBeans: 23 cents per bushel from date of receipt through January 1, 2010/beans delivered after Nov 15 - 20 cent minimum per bushel to January 1, 2010/beans delivered after Dec 1 - 15 cent minimum per bushel to January 1, 2010; then 1/10 cent per bushel per day through August 31, 2010.

Sealed grain storage must be paid when the warehouse receipt is issued. 9 months prepaid storage is required by the government to seal grain.

All grain delivered during the harvest period will be stored each Friday evening, unless prior arrangements have been made.
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DELAYED PRICING RATES

• Corn: 20 cents per bushel through January 1, 2010/corn delivered after Nov 15 - 17 cent per bushel minimum to January 1, 2010/corn delivered after Dec 1 - 12 cent per bushel minimum to January 1, 2010; then 1/10 cent per bushel per day through August 31, 2010. Corn delivered after January 1, 2010 - 7 cents/bu minimum to January 31, 2010; then 1/10 cent per bushel per day to August 31, 2010. Corn delivered after March 22, 2010 - free to August 31, 2010. 
• Beans - 15 cents per bushel through January 1, 2010/ beans delivered after Dec 1 - 10 cents per bushel minimum to January 1, 2010; then 1/10 cent per bushel per day through August 31, 2010. Beans delivered after March 1 - free to August 31, 2010.  

DRYING CHARGES

• Corn - 3.75 cents per point of moisture, per bushel, removed above 15.0%, split on half points.

* * * * * * * * DRYING RATES WILL BE APPLIED TO DRY BUSHELS * * * * * * * * * * * * * * **

* * * * * * * * * * * * *DRYING IS CHARGED ONLY TO 15.0% * * * * * * * * * * * * * * * * * * * * * *

Drying charges will be deducted from fall checks, or charged to your account in December, for payment in December 2009, or January 2010.

• Beans: no drying rate; it is incorporated in the shrink factor
  

SHRINK FACTOR

• Corn: 1.4% shrink factor is used - open storage and warehouse receipt to 14.0%; delayed pricing to 15.0%; cash sales to 15.0%.
• Beans: 1.5% shrink per half point of moisture from 13.1 - 14.0%; 1.75%shrink per half point moisture from 14.1 - 17.0%; 3.5% per half point above 17%.

ALL RATES ARE SUBJECT TO CHANGE WITH MARKET CONDITIONS.

GMO GRAINS/nonGMO GRAINS

nonGMO beans enrolled in the nonGMO program, must be delivered to contracted destination. These beans will be tested and segregated at delivery. 

 This is subject to change with market conditions.

Farm Pickup of Grain

1. The fee for harvest on-the-farm pickup will be $70/hour from the time the truck arrives at your farm to the time the job is completed, 1 hour minimum.
2. You will be expected to sign a time-of-arrival sheet and the trucker will sign a time-of-unload sheet.
3. Trucks will be dispatched by Topflight Grain Cooperative from the Bement Office.
4. Grain will be delivered to a Topflight Grain facility.
5. You must notify us 24 hours in advance so we can schedule the trucks.

Trucks will be assigned on a first-come first-served basis. Trucking fees will be charged to your account at Topflight Grain Cooperative, based upon time charged by the trucking firm to Topflight Grain Cooperative.

The semi trucks need to be loaded on the road or in an area that is easily accessible.

As you determine the benefits of this program to your operation, estimate an average semi truck load of corn at 900 bushels (straight trucks will not be used). Other variables to consider are:

1. Speed at which the semi truck can be loaded at your farm (auger wagons would be an asset, but are not required).
2. Distance from your farm to the elevator in Bement, Milmine, LaPlace, Pierson, Atwood, Cisco, Emery, Maroa, Monticello or Seymour.
3. Cost of your labor and equipment to truck the grain versus the $70/hour fee.

For more information on farm pickup of grain by Topflight Grain Cooperative call (800) 383-9761

Post Harvest Farm Pickup
After the harvest season, Topflight Grain will arrange for farm pickup of bin stored grain, for a fee of 5 cents per bushel. This fee includes a truck and truck driver. Arrangements for this service can be made by calling your local grain originator.

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Vac-u-lator Service Fee

• The charge for use of the vac-u-lator for farm-stored grain is $80/hour with a minimum of $160.
• The per-hour charge includes one man, vac-u-lator machine, and fuel.
• The per-hour rate begins at the time the machine leaves for the the farm until the vac job is completed.
   

Corn Discount Rates: