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HARVEST POLICIES 2016  04/18/17 9:20:31 AM

CHS HOLDREGE
Grain Policy 2016-17 CROP YEAR
HOLDREGE – LOOMIS – BERTRAND – SMITHFIELD – ALMA – ELM CREEK – OVERTON- ROSELAND – BLADEN - BLUE HILL
Effective 8/16/16
*****ALL DISCOUNTS ARE SUBJECT TO CHANGE AT ANYTIME*****

 

CORN

Moisture:                          No discount or shrink for corn 15.0% moisture and below
                 Shrink: 1.5% per point shrink over 15.0%
                 Drying Charge: 4.0 cents/point 15.1% and above
WE RESERVE THE RIGHT NOT TO TAKE CORN HIGHER THAN 20% MOISTURE

Test Weight:                    No discount for corn above 54.0 Test Weight
                54.0 – 52.0 lbs --Discount of 1 cent/bu each 1.0 lb
                51.9 – 50.0 lbs -- Additional 2 cents/bu each 1.0 lb
                50.0 lbs and below -- Additional 3 cents/bu each 1.0 lb

Damage:                            No discount for corn damage less than 5.0%
         2 cents /point discount Or any part of a point above 5.0%, max allowable 10%
WE RESERVE THE RIGHT NOT TO TAKE CORN HIGHER THAN 5% DAMAGE

Foreign Material:           No discount for corn 3% FM or less
               5 cents discount each 1.0% from 3.1% - 5.0%
               Additional 7 cents each 1.0% above 5.0%
WE RESERVE THE RIGHT NOT TO TAKE CORN HIGHER THAN 5% FM
 


Deliver your Corn and leave in Un-Priced:

DP (Delayed Price) Corn - No Charges if Priced within 15 Days of Delivery
After the first 15 days, charges will be effective from date of delivery

DP Charges:                     Daily charge of $.0015 per day = 4.5 cents/bushel/month
                                           No minimum charge, No Flat Fee
Shrink:                 DP corn will be shrunk to 15.0% moisture
Pricing Deadline:            Delayed price bushels will be priced by 10/1/17
 


SOYBEANS

Moisture:           No discount for soybeans 13.0% moisture and below
                
Moisture Discount: 13.1% to 15.0 % = 2.5% shrink/point
                                                     
15.1% to 18.0% = 2.5% shrink/pt + 10 cents/pt drying charge
WE RESERVE THE RIGHT NOT TO TAKE SOYBEANS HIGHER THAN 15% MOISTURE
Test Weight:     No discount for soybeans above 55.0 Test Weight.
                             Discount of 2 cent/bu each 1.0 lb. below 55.0
Damage:            No discount for soybeans damage less than 2.0%
                           Discount 3 cents/bu each ½% above 2.0% (Green beans are considered damage)
Foreign Material               No discount for soybeans 1% FM or less.
                                               Weight deduction of .1 % each 1/10th % FM from 1.0% to 2.0%
                                               Weight deduction of .2% each 1/10th % FM from 2.1% and above

Splits:                  2.5 cents/bu each 5% from 10.0 to 30.0
 


Deliver your Soybeans and leave Un-Priced:

DP (Delayed Price) Soybeans - No Charges if Priced within 15 Days of Delivery
After the first 15 days, charges will be effective from date of delivery

DP Charges:                    Daily charge of $.0017 per day = 5.1 cents/bushel/month
                                         
No minimum charge, No Flat Fee

Pricing Deadline:          Delayed price bushels will be priced by 10/1/17


MILO

Moisture:                  No discount or shrink for milo 14.0% moisture and below
                   Shrink:                 1.5% per point shrink over 15.0%
                   Drying Charge:   6.0 cents/ point 14.1% to 16.0%
                                                 10.0 cents/point 16.1% to 20.0%
WE RESERVE THE RIGHT NOT TO TAKE MILO HIGHER THAN 16% MOISTURE

Test Weight                 No discount for milo above 55.0 Test Weight
                                           55.0 – 52.0 lbs --Discount of 1 cent/bu each 1.0 lb
                                           51.9 – 50.0 lbs -- Additional 2 cents/bu each 1.0 lb
                                           50.0 lbs and below -- Additional 3 cents/bu each 1.0 lb

Damage:                      Market scales of Discounts to Apply

Foreign Material:           5 cents each 1.0% from 3.1% - 5.0% plus
                                          
7 cents each 1.0% above
 


OTHER NOTES FOR ALL COMMODITIES ABOVE:

Deferred Payment Contracts:

All new Deferred Payment Contracts will be made with a payable date of January 3rd, 2017. Funds will be made available that
day to pick up in the Holdrege office, unless specific arrangements have been made to pick up your check at one of our locations.
All checks that are not picked up that day will be mailed as of close of business next day.
No premiums will be paid for Deferred Payment Contracts. Once a contract is entered into for Deferred Payment funds will
not be made available until the date of payment on the contract.

DP Bushels:

Bushels in DP are not allowed to be applied to a forward delivery contract. Forward delivery contracts are to be delieverd in the specific
delievery month sold.

LDP (Loan Deficiency Payments):
Contact your county FSA office for the correct paperwork to get filed. After the paperwork is filed we can provide you the correct paperwork
to qualify for your LDP.

Open Storage:
We do not offer open storage for any commodities brought to any location.

 

 

 
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