| FARMERS COOPERATIVE ELEVATOR COMPANY |
| 2009 WINTER WHEAT DISCOUNT SCHEDULE |
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| *Wheat bushels must be priced by noon on August 28th, or they will be priced for you |
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| *After 5 days open wheat will start to accrue storage at the rate of .133 cents a day or approximately 4 cents a month |
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| *Wheat will be priced during market hours only (9:30 a.m. to 1:10 p.m.) |
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| *Each load will stand on it's own |
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| *75% Advance Paid on winter wheat at time of sale. Balance will be paid based on receipt of |
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| certified test results (app 2 weeks) |
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| MOISTURE |
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TEST WEIGHT |
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PROTEIN |
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| *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 |
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In cents per bushel per pound |
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In cents per bushel per 1/5 |
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| 13.5 & Below |
0 |
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60 |
$0.00 |
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.01 premium per pt. 13.1 & Above |
| 13.6 |
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13.7 |
-0.03 |
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59 |
-$0.01 |
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.03 premium per 1/5 above 12.0 to 13.0 |
| 13.8 |
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13.9 |
-0.06 |
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58 |
-$0.03 |
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.05 discount per 1/5 below 12.0 to 11.0 |
| 14.0 |
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14.1 |
-0.09 |
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57 |
-$0.07 |
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.07 discount per 1/5 10.9 & below |
| 14.2 |
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14.3 |
-0.12 |
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56 |
-$0.11 |
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| 14.4 |
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14.5 |
-0.15 |
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55 |
-$0.21 |
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SHRINK |
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| 14.6 |
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14.7 |
-0.18 |
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54 |
-$0.31 |
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13.6% and Above shrink back to 13.5% |
| 14.8 |
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14.9 |
-0.21 |
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53 |
-$0.41 |
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1.50% Shrink per point |
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| 15.0 |
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15.1 |
-0.24 |
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52 |
-$0.51 |
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| 15.2 |
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15.3 |
-0.27 |
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51 |
-$0.61 |
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| 15.4 |
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15.5 |
-0.3 |
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50 |
-$0.71 |
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FOREIGN MATERIAL |
| 15.6 |
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15.7 |
-0.33 |
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49 |
-$0.85 |
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.06 to 1.0% - 5 cents a bushel |
| 15.8 |
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15.9 |
-0.36 |
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48 |
-$1.00 |
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5 cents a bushel each 1/2% up |
| 16.0 |
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16.1 |
-0.39 |
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47 |
-$1.15 |
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| 16.2 & Above -.04 per 1/5 |
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46 |
-$1.30 |
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| The stated moisture discounts, test weight discount and protein discounts and premiums are subject to change at anytime |
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*SUBJECT TO CHANGE WITHOUT NOTICE OR WARNING* |
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| Last Updated: 07/17/2009 |
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