2026-2027 Grain Policy
CORN
Corn Moisture
Sell: 15%
Price Later: 15%
Defer: 15%
Grain Bank: 14%
Warehouse: 14%
Condo: 14%
Shrink: 1.45 % PER PT
Drying: 2.5 Cents PER BU/PER ½ Point OR 5 Cents PER BU/PER 1 Point
Corn Discounts
Test
Weight:
01 BU/LB 53.9 TO 53
.02 BU/LB 52.9 TO 52
.03 BU/LB 51.9 TO 50
Damage:
MAX 5% WITH NO DISCOUNT
.02 PER BU/PER PT 5.1 TO 10 .03 PER BU/PER PT 10.1 TO 20 OVER 20.1 SUBJECT TO REJECTION
FM:
MAX 3% WITH NO DISCOUNT .02 PER BU/PER PT 3% TO 7% .05 PER BU/PER PT 7.1% TO 10 OVER 10.1% SUBJECT TO REJECTION LOAD BY LOAD
Other:
MUSTY .10 PER BU
SOYBEANS
Sell: 13%
Defer: 13%
Moisture Discount: 1.50% OF THE CONTRACT PRICE PER ½ POINT OR FRACTION OVER 13%
Shrink: 3.0% OVER 13% SPLIT ON THE 1/10TH/PT
Soybean Discounts
Test
Weight:
.01 BU/LB under 54 LBS
Damage:
MAX 2% WITH NO DISCOUNT .04 PER BU/PER PT 2.1 TO 8.0 OVER 8.0 SUBJECT TO REJECTION
FM:
OVER 1% WEIGHT DEDUCTION LOAD BY LOAD
Other:
MUSTY .10 PER BU
SOUR .10 PER BU
OTHER RATES
Storage Rates
Corn:
.19 PER BU MIN FIRST 90 DAYS
0.001667 CT/BU/DAY AFTER
Soybeans:
19 PER BU MIN FIRST 90 DAYS
0.001667 CT/BU/DAY AFTER
Price Later Contract
Corn:
.18 PER BU MIN FOR FIRST 90 DAYS
.001667 CT/BU/DAY AFTER PRICE BY 9/15/2027
Soybeans:
.18 PER BU MIN FOR FIRST 90 DAYS
FALL OPEN STORAGE:
10 Day Max from 1st Day of Delivery.
All Loan Corn and Bean Storage must be Prepaid 9 Months
All Policies are subject to change without notice!
*By delivering grain to Farmers Cooperative Co, Customer agrees to the Additional terms set forth:
Charges and policies for drying/storage/handling/shrink are set forth and outlined above and in our applicable posted tariffs/charges
Grain may be co-mingled
Farmers Cooperative Co will have lien against all grain stored pursuant to this agreement for all charges for storage and handling, and those related to its preservation (including drying), and customer hereby grants Farmers Coop Co a security interest in said grain for those charges.
Customer represents it has good title to grain and has authority to store and sell it to Farmers Coop Co
All grain is insured by Farmers Coop Co against loss by fire, windstorm, and inherent explosion. However, in no event, shall Coop be liable for any loss or damage to the grain caused by acts of God, acts of war or terrorism, cyber-attacks, pandemic, government closure, or other force majeure causes beyond Coop’s control.
This Storage Agreement shall remain in effect from the first day of delivery date until the disposition of the grain or termination
This Agreement shall be subject to the Iowa Code Chapter 203C and the accompanying administrative rules.