9/2/20

REDUCED MINIMUM STORAGE RATES FOR 2020 HARVEST

We have decreased our minimum storage rates by one cent per bushel for both corn and soybeans this season.
Our goal is to provide our customers with top quality service at very competitive rates.

IMPROVEMENTS FOR FALL 2020
At the Leonore facility we have added a new 25,000 bph dump pit that is long enough to dump both hoppers of a grain trailer at the same time.  We have also added a new 7000 bph grain dryer and a 54’ wet tank.  These improvements will double our capacity for handling wet corn.
In Blackstone we have replaced the old grain dryers with a new 4700 bph Zimmerman grain dryer. We have also added a bulk weigher to the container loading system which will increase our capacity for loading containers with soybeans as well as reduce congestion at the truck scale.
At Lostant we have added a two new top conveyors which will allow us to dump corn and soybeans at the same time more easily.
 
These improvements are part of our long-term plan to provide grain facilities that can handle the ever-increasing harvesting speed and grain volume during the harvest season.
 
FALL HAULING SERVICES
We will be offering our fall trucking services this season at a rate of 10 cents per bushel on grain hauled into the closest of our facilities.  We ask that you have an auger wagon or another method for loading the trucks quickly.  As usual, we will schedule jobs only as the trucks become available.  If trucks are not available you will have to wait until they become available. If you are interested in using this service, please give us as much notice as possible before you are ready to haul.
 
OLD CROP STORAGE AND PRICE LATER POLICY
Soybeans: If you move your Open Storage soybeans to a Price Later contract by Octoberber 1, 2020 you will be charged the monthly fee of 3.3 cents per bushel until the soybeans are sold.  If you choose to keep your soybeans in Open Storage or on Warehouse Receipt you will be charged a carryover fee of 10 cents per bushel on Octoberber 1, 2020 and you will continue to be charged the monthly storage of 3.3 cents per bushel until they are sold.
 
Corn: If you move your Open Storage corn to a Price Later contract by October 1, 2020 you will be charged the monthly fee of 3.0 cents per bushel until the corn is sold.  If you choose to keep your corn in Open Storage or on Warehouse Receipt you will be charged a carryover fee of 10 cents per bushel on October 1, 2020 and you will continue to be charged the monthly storage of 3.0 cents per bushel until the corn is sold.
 
 
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