UFC Grain Harvest Policy 2023
Sep 14, 2023
UFC Grain Harvest Policy 2023
*Effective September 18th, 2023*
*Subject to change without prior notice*
Open Store/Commercial storage - Title of grain stays in farmer’s name, can be loaded out.
- NO MINIMUM - $0.06/ month storage fee, prorated daily
Delayed Price Contract - Title of grain moves to UFC, cannot be loaded out, cannot be applied to forward
contract.
- NO MINIMUM - $0.03/ month service fee, prorated daily
*No free time.
**Any grain left on open store for over one year will have a storage rate of $0.07/month. Any grain left on
Delayed Price over one year will have a fee of $0.04/month.
Corn
Moisture Limits:
- Open Store and Delayed price 14%
- Cash and Contract 15%
Corn Drying charges:
- $0.055 per point of moisture
Shrink Factor:
- 1.4% per point of moisture
*Moisture discounts and shrink will be calculated to each 1/10th of a point.
Soybeans
Moisture Limits:
- Moisture discounts start at 13.1%. Soybean moisture discounts will be 1% of the price each .5 point of moisture over 13% to 14%. From 14% to 16% discounts will be 2% of the price each .5 point of moisture. From 16% to 18% discounts will be 3% of the price each .5 point of moisture or subject to rejection.
*There will be no averaging of grades for Corn or Soybeans
Load Out Fee:
Any grain taken out of open storage will be charged a $0.20/ bu. load out fee.
Custom Dried Corn:
- $0.20 handle for custom dried corn.
- Custom Dried Corn must be loaded out in 5 days of storage fees will be assessed on those bushels from date of delivery.
*See Corn and Soybean discount schedules for full discount details*