Grain Policy

Corn:

Open Storage: $.04 cents/bu/mo till Sept 30, 2017, storage will be billed on the last business day of the month for the month just completed @ a daily rate of .001315 per day. Storage will be accrued on corn sold and deducted from the sale. Storage will be billed on corn withdrawn before month end at the time of withdrawal.

Price Later Rates: $.03/bu/mo through Sept 30, 2017, storage will be billed on the last business day of the month for the month just completed @ a daily rate of .000987 per day. Storage will be accrued on corn sold and deducted from the sale. Contract must be signed within 1 month after receipt or corn will be priced.

A rollover charge of $.10 on all unpriced bushels remaining on Open Storage will be assessed on Sept 15, 2017

An out charge of 7 cents per bushel will be charged to grain not sold through Countryside. Quality discounts will be charged or credited to customers account.

Beans:

Open Storage: $.05 cents/bu/mo till Sept 30, 2017,  storage will be billed on the last business day of the month for the month just completed @ a daily rate of .001644 per day. Storage will be accrued on soybeans sold and deducted from the sale. Storage will be billed on soybeans withdrawn before month end at the time of withdrawal.

Price Later Rates: $.04/bu/mo through Sept 30, 2017, storage will be billed on the last business day of the month for the month just completed @ a daily rate of .001315 per day. Storage will be accrued on soybeans sold and deducted from the sale. Contract must be signed within 1 month after receipt or beans will be priced.

A rollover charge of $.12 on all unpriced bushels remaining on Open Storage will be assessed on Sept. 15, 2017

An out charge of 9 cents per bushel will be charged to grain not sold through Countryside. Quality discounts will be charged or credited to customers account.

Custom Drying Policy:

Corn hauled in above 15% moisture for custom drying will be charged regular drying rates and a shrink rate of 1.4%. All bushels will be assessed a 7 cent out charge. Corn left at the elevator after 10 days will be put on open storage. Quality discounts will be charged or credited to customers account. Countryside is not responsible for spoilage once grain leaves a facility.

Corn Drying:

15.1-16%
$.05/bu
23.1-24%
$.24/bu
16.1-17%
$.09/bu
24.1-25%
$.26/bu
17.1-18%
$.12/bu
25.1-26%
$.27/bu
18.1-19%
$.14/bu
26.1-27%
$.28/bu
19.1-20%
$.16/bu
27.1-28%
$.29/bu
20.1-21%
$.18/bu
28.1-29%
$.30/bu
21.1-22%
$.20/bu
29.1-30%
$.31/bu
22.1-23%
$.22/bu
30%+
$.04/bu/point additional

Corn Sold will be shrunk 1.4% per 1% of moisture to 15

Corn on DP will be shrunk 1.4% per 1% of moisture to 15

Corn on Open Storage will be shrunk 1.4% per 1% of moisture to 14

Corn under 15% will be charged a one-time fee of $.06/bu (For bushels in the government loan program)

Bean shrinkage of 1.5% per ½% of moisture from 14.99%-13%

Bean shrinkage of 2% per ½% of moisture from 17%-15.0

Bean shrinkage of 2.5% per ½% of moisture above 17%. Beans above 17% subject to rejection. Please call before delivering wet beans over 17% as we will do our best to be able to work with customers.

Test weight

Corn
53.9-50 lbs/bu
$.02/bu/lbs
49.9-46 lbs/bu
$.04/bu/lbs
45.9-0 lbs/bu
$.06/bu/lbs
Beans
53.9-50 lbs/bu
$.02/bu/lbs
49.9-48 lbs/bu
$.03/bu/lbs
48 lbs/bu – lbs/bu
$.04/bu/lbs

Foreign Material

Corn
3.1%-5%
$.02/bu/%
5.1%-10%
$.03/bu/%
10% +
$.04/bu/%
Beans
Deduct 1/10% for each 1/10th of a point over 1%
Ex. 1.1% = 1%  2.0% = 1.0%

Damage

Corn
5%-7%
$.02/bu/%
7.1%-10%
$.03/bu/%
10.1%+
$.04/bu/%
Beans
2.1%-4%
$.02 each ½ pt
4.1%-6%
$.03 each ½ pt
6.1% +
$$.04 each ½ pt

Other Charges

Corn
Musty
$.05/bu
Sour
$.10/bu
COFO
$.15/bu or Rejection
Rocks
$.15/bu or Rejection
Infested
$.15/bu or Rejection
Beans
Musty
$.10/bu
Sour
$.15/bu
Heat Damage
$.03 per ½ pt/bu from .02%+
Splits
$.02/bu/1% over 20%
Infested
$.15/bu

All Rates Subject to change without notice.

Oats for Feed Use – Shrinkage on oats is calculated at 1.4% per 1% of moisture to 13%. Oats are subject to rejection if over 15% or below 30 test weight. Storage will be $.03/mo/bu billed at the beginning of each month

Grain Quality – Countryside reserves the right to refuse grain because of quality factors.

Grain Bids – Countryside Cooperative bids are subject to change at any time. Please note that a price quote is not a sale; a specific quantity, price and delivery period are needed. Verbal agreements are considered binding.

Contracts – We offer compass, basis fixed, HTA, and DP Contracts. Please return a sign contract as soon as possible. This helps protect both Countryside and the customer.

Other – Countryside offers a variety of OTC and other contracts to help with marketing. Please contact the Grain office to inquire about details.

Unpaid Storage and Drying – Countryside reserves the right to sell enough grain to cover unpaid storage and drying charges 90 days and older.

Overdrafts – All overdrafts on grain bank will be charged market price of corn at time of withdrawal.

Warehouse Receipts – Storage must be paid as per Farm Service Agency regulations. Other related storage and drying charges will be billed. A $10 fee will be charged for additional warehouse receipts issued after the first two.

Please contact the Grain Office with any questions:

Traci Gunderson
Grain Supervisor
1-800-236-7585
Nathan Montgomery
Grain Merchandiser/Originator
1-800-263-7585 or 1-715-279-4517

*Countryside Cooperative reserves the right to change any policy at any time.

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