Sperry Union Store

STORAGE RATES

GRAIN BANK STORAGE CORN STORAGE BEAN STORAGE
10 CENTS PER BUSHEL MINIMUM STORAGE FOR THE FIRST 240 DAYS
3 CENTS PER BUSHEL EACH ADDITIONAL MONTH
OPEN STORAGE AND WAREHOUSE RECEIPT
15 CENTS PER BUSHEL MINIMUM STORAGE FOR THE FIRST 90 DAYS
3 CENTS PER BUSHEL EACH ADDITIONAL MONTH
OPEN STORAGE AND WAREHOUSE RECEIPT
16 CENTS PER BUSHEL MINIMUM STORAGE FOR THE FIRST 90 DAYS
3 CENTS PER BUSHEL EACH ADDITIONAL MONTH
ALL MINIMUM STORAGE IS BILLED UP FRONT
THERE IS A 6 CENTS IN AND 6 CENTS OUT CHARGE PER BUSHEL ON ALL GRAIN STORED
 IF NOT SOLD OR PROCESSED THROUGH US
 
DRYING CHARGES

OUR DRYING CHARGES FOR THIS FALL FOR CORN WILL BE 4 CENTS FOR EACH POINT REMOVED WITH A 1.4 SHRINK FACTOR. WE SHRINK TO 14% TO STORE AND 15% TO SELL. WITH MOST RIVER TERMINALS INCREASING THEIR DRYING CHARGES THIS FALL WE BELIEVE THAT DELIVERY TO YOUR LOCAL ELEVATOR IS AN ALTERNATIVE YOU SHOULD CONSIDER

THE SOYBEAN MOISTURE DISCOUNT SCALE IS:
1% OF SELLING PRICE PER HALF POINT FROM 13% TO 15%
2% OF SELLING PRICE PER HALF POINT ABOVE 15%
OVER 15% BEANS CANNOT BE STORED. THEY MUST BE SOLD.

 
HOUSE POLICIES
WE NEED TO KNOW AT THE TIME OF DELIVERY IF THE GRAIN IS TO BE SOLD OR STORED.
IF NOTHING IS SAID AT DELIVERY, WE WILL AUTOMATICALLY PUT IT IN STORAGE.
(STORAGE CHARGES START THE DAY OF DELIVERY IF NOT SOLD.)

WE HAVE A 4:00 P.M. CUTOFF AGAIN THIS YEAR, ANYTHING DELIVERED AFTER 4:00 P.M. TO SPERRY OR MEDIAPOLIS WILL GO ON THE NEXT DAYS BUSINESS. FRIDAY AT 4:00 P.M. IS PRICED ON THE CLOSING PRICE ON MONDAY.
IF YOU DELIVER TO THE RIVER TERMINAL AND DO NOT HAVE A CONTRACT, YOUR PRICE WILL BE DETERMINCED WHEN WE RECEIVE THE SETTLEMENT BACK FROM THE TERMINAL. IF YOU WANT GRAIN SPOTTED THE DAY OF DELIVERY, YOU MUST CONTACT US WITH THE BUSHEL AMOUNT TO LOCK IN THE PRICE THAT DAY. (SOMETIMES IT TAKES A DAY TO GET BACK. SOMETIMES IT TAKES A WEEK. THE MARKET COULD HAVE A BIG SWING UP OR DOWN IN THIS TIME PERIOD.)
CHECK WITH MANAGEMENT FOR THE SCHEDULE ON EXTENDED HOURS DURING HARVEST.