| FARMERS COOPERATIVE ELEVATOR COMPANY |
| 2010 WINTER WHEAT DISCOUNT SCHEDULE |
| Effective 7/14/10 |
| Policies and discount schedules are subject to change anytime without notice. We will not call producers before making changes. |
| *Wheat bushels must be priced by noon on August 27th, or they will be priced for you |
| *After 5 days open wheat will start to accrue storage at the rate of .001334 cents a day or approximately 4 cents a month |
| from delivery day |
| *Wheat will be priced during market hours only (9:30 a.m. to 1:10 p.m.) |
| *Each load will stand on it's own |
| *75% Advance Paid on winter wheat at time of sale. Balance will be paid based on receipt of |
| certified test results (app 2 weeks) |
| MOISTURE |
TEST WEIGHT |
PROTEIN |
| *subject to rejection above 15% moisture |
*subject to rejection below 56 # t.w. |
*No protein premiums below 56.0 # t.w. |
| In cents per bushel per moisture |
In cents per bushel per pound |
In cents per bushel per 1/5 |
| 13.5 & Below |
0 |
|
60 |
$0.00 |
.01 premium per pt. 13.1 & Above |
| 13.6 |
- |
13.7 |
-0.03 |
|
59 |
-$0.01 |
.03 premium per 1/5 above 12.0 to 13.0 |
| 13.8 |
- |
13.9 |
-0.06 |
|
58 |
-$0.03 |
.10 discount per 1/5 below 12.0 to 11.0 |
| 14.0 |
- |
14.1 |
-0.09 |
|
57 |
-$0.07 |
.15 discount per 1/5 10.9 & below |
| 14.2 |
- |
14.3 |
-0.12 |
|
56 |
-$0.11 |
| 14.4 |
- |
14.5 |
-0.15 |
|
55 |
-$0.21 |
SHRINK |
| 14.6 |
- |
14.7 |
-0.18 |
|
54 |
-$0.31 |
13.6% and Above shrink back to 13.5% |
| 14.8 |
- |
14.9 |
-0.21 |
|
53 |
-$0.41 |
1.50% Shrink per point |
|
| 15.0 |
- |
15.1 |
-0.24 |
|
52 |
-$0.51 |
| 15.2 |
- |
15.3 |
-0.27 |
|
51 |
-$0.61 |
| 15.4 |
- |
15.5 |
-0.3 |
|
50 |
-$0.71 |
FOREIGN MATERIAL |
| 15.6 |
- |
15.7 |
-0.33 |
|
49 |
-$0.85 |
.06 to 1.0% - 5 cents a bushel |
| 15.8 |
- |
15.9 |
-0.36 |
|
48 |
-$1.00 |
5 cents a bushel each 1/2% up |
| 16.0 |
- |
16.1 |
-0.39 |
|
47 |
-$1.15 |
| 16.2 & Above -.04 per 1/5 |
|
46 |
-$1.30 |
| The stated moisture discounts, test weight discount and protein discounts and premiums are subject to change at anytime. |
| *SUBJECT TO CHANGE WITHOUT NOTICE* |
| Last Updated: 07/14/2010 |
