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SLC Grain Policies 2009 Effective October 22, 2009 All Grain Policies are Subject to Change Without Notice at Any Time
CORN (Discount Scale, Per Bushel) Test Weight
Total Damage
Must be sold Heat Damage
Foreign Material (FM)
Musty or Sour
Infested or Rodent Pellets
The following will be averaged on a settlement sheet basis: TW, Moisture, and Damage. Damage-All loads 10.0 and below will be averaged together. Loads 10.1 and above will be averaged together. Odor or Infested loads will not be averaged with other loads. FM loads will not be averaged together. Corn testing positive for Aflatoxin is Subject to Rejection. Treated Grain or smoke odor grains are Subject to Immediate Rejection.
Grain Bank The first 60 days are $0.00133 per bu. per day, then $0.001 per bu. per day for the next 305 days and then $0.001667 per bu. per day thereafter. If grain is sold out of Grain Bank, storage rates revert to warehouse storage tariff.. Hauled out charges will include a $0.10 receiving charge, a $0.10 loadout charge and warehouse storage tariff fees. Only delivered corn is eligible for Grain Bank. Corn must be processed at a SLC location to qualify for Grain Bank rates.
SLC Grain Policies 2009 Effective October 22, 2009 All Grain Policies are Subject to Change Without Notice at Any Time
Drying Charges for Corn
Shrink Factor:
Warehouse Storage Charges for Corn
Weighing & Delivery Information Before beginning delivery, customers are asked to provide scale and probe operators with the following information:
It is helpful to SLC accounting personnel if tenants keep their landlords advised on the status of their joint grain deliveries. Please advise the scale operator upon completion of a delivery.
Disposition Customers will have 15 days from the first day of unload of delivery to specify the positioning of grain (sell, storage, grain bank, price later). If disposition has not been specified after the 15th day priced contracts will be filled first, and the balance of grain will automatically be placed in storage. Priced contracts will have checks issued unless customer has specified that a deferred payment is to be issued. Once a deferred payment is issued it cannot be changed.
GMO POLICY: All Non-Approved European Corn hybrids must be channeled and segregated for shipment to buyers willing to accept GMO modified grain. StateLine Cooperative will accept GMO corn with notification of delivery from producers. This policy is subject to change without notice if our buyers are unwilling to accept GMO corn.
SLC Grain Policies 2009 Effective October 22, 2009 All Grain Policies are Subject to Change Without Notice at Any Time
Contract Cancellation Seller has an unconditional obligation to deliver all of the contracted grain by the end of the Delivery Period. Any request by the seller for a cancellation of the contract and the terms of any such cancellation will be considered by StateLine Cooperative on a "case by case" basis and there is no assurance that cancellation will be permitted by StateLine Cooperative. In no event will a cancellation request be accepted by StateLine Cooperative if StateLine Cooperative determines, in its sole discretion, that such cancellation would have the effect of causing the contract to not be a cash forward contract. BEANS (Discount Scale, Per Bushel) Test Weight:
Total Damage:
Heat Damage:
Foreign Material (FM):
Splits
Green Beans or Beans of Other Color
Musty or Sour
Infested or Rodent Pellets
Soybean Moisture Averaging Shrink of 3% from 13.1% to 14.0% Shrink of 4% from 14.1% to 16.0% Shrink of 8% from 16.1% to 18.0% Shrink of 12% over 18.0%
Soybeans will be shrunk to 13.0%. Loads 14.5% and less will be averaged on the same settlement sheet while loads above 14.5% will stand alone on a load by load basis. Any loads with moisture over 15.0% are subject to rejection and if accepted will be priced at delivery.
Treated Grain or smoke odor grain are Subject to Immediate Rejection.
Price Later Service Charge for Corn & Soybeans
Warehouse Charges for Corn & Soybeans
$0.001166 per day thereafter
_________________________________ Armstrong 712-868-3150 Bancroft 515-885-2642 Buffalo Center 641-562-2404 S. Burt 515-924-3241 N. Burt Grain 515-924-3266 N. Burt Ag 515-924-3859 Cylinder 712-424-3335 Fenton 515-889-2251 Halfa 712-866-2671 Lakota 515-886-2461 Ledyard 515-646-2135 Lone Rock 515-925-3590 Ringsted 712-866-0581 Swea City 515-272-4406 Main Office 515-924-3555
_________________________________ SLC GRAIN All SLC locations strive to provide the best in receiving service and storage space. For information regarding hours or any aspect of SLC grain services please call the location nearest you.
SLC Grain Policies 2009 Effective October 22, 2009 All Grain Policies are Subject to Change Without Notice at Any Time |
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