Laurel, Nebraska

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Effective
September 1, 2005


CORN

New Corn purchased (Oct—Nov) will be shrunk 2.5% per point to 15% moisture. NO drying charges. Moisture will be averaged, but you cannot bring in dry corn to be averaged in with your wet corn.

Storage corn shrunk to 14% with 1.5% shrink factor.

DRYING CHARGES:
4 cents per point of moisture removed from 14-- 20% and 5 cents per point with moisture of 25% -- 6 cents per point over 25%.

CUSTOM DRYING: Same drying rates. No handling charges if removed same day. 5 cents per bushel charge if removed in 15 days. 10 cents per bushel charge if removed within 30 days. After 30 days, 10 cents per bushel plus minimum storage charge. Moisture shrink at 1.5% per point of moisture.

Drying charges figured on wet bushels and weighted average moisture, payable at end of harvest. On all sealed grain, the drying charges are to be paid before a warehouse receipt will be issued.

BEANS

New beans purchased (Oct.- Nov.) will be shrunk to 13% with 2% per point shrink. This discount is 2/3 of processors discount in Sioux City. We will gladly take 14-15% beans -- with our discount this makes economical sense instead of harvesting 10% beans.

Storage beans shrunk to 12%. No beans will be accepted for storage over 15%.

FM in beans will be deducted from 1.0% and up. A PREMIUM OF 3 CENTS PER BUSHEL ON A PER LOAD BASIS ON BEANS WITH LESS THAN .5% FM.

Grain in elevator over 10 days from first load will automatically go into storage, if space is available.

Grain priced today will be settled TWO business days after pricing or final delivery.

STORAGE RATES

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CORN: .001 cents per bushel per day or 3 cents per month

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BEANS: .001 cents per bushel per day or 3 cents per month.

120 day minimum storage. A new minimum storage charge occurs Sept 1, on any carryover grain.

Corn removed from elevator-10 cents per bushel handling charge.

Beans removed from elevator-20 cents per bushel handling charge.

SEALED AND RESERVE GRAIN 

All grain sealed for government loans, will have a 9 month storage, paid in advance, but will be refundable if not all is used. (Note: Minimum storage will not be refunded.)

Other grade discounts

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sour/cofo/heating—10 cents    
musty/ buggy—5 cents
Aflatoxin—Unacceptable

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T.W.: No discount on anything over #53

2 cent per pound under 53# to 50#
3 cents per pound under 49.9#

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FM:  corn 2 cents per point from 3.1% to 5%.

4 cents per point 5.1% on up

bulletDamage:
bullet5-10% — 2 cents per point
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10.1% - 15% — 4 cents per point

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15.1%-20% — 6 cents per point

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above 20%—rejected or negotiable

HEAT DAMAGE - Negotiable 

If you don’t agree with our grade, please ask for an official grade from Sioux City grain exchange. We do not keep samples, so please request an official grade right away. There is a service fee for the official grade.

We thank you for your past business and look forward to serving you in the future. If you have any questions on grain marketing, please call or stop in.

We are offering a picked up bid on grain directly off the farm with North Side Grain trucks and also a shipped direct bid for those who wish to furnish their own trucking. We offer minimum price contracts and hedge to arrive contracts, please ask for details.

Remember us for seed, chemicals crop insurance, and fertilizer for next year and for Golden Sun Feed and Consolidated Nutrition Feed anytime.

If you have any questions or want to trade futures, stop in.  Tim has his broker's license.

 

NORTH SIDE GRAIN COMPANY
Phone 402-256-3738
1-800-677-2326  (BEAN)
Fax 402-256-3739    contact by e-mail


Copyright © 2001
North Side Grain - Laurel, Nebraska
Last modified: May 04, 2006

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This site was last updated 05/04/06