Studies in Iowa and Illinois show the effect of moisture content on the test weight of corn. For example, corn harvested at 24 percent moisture and dried to 15 percent moisture increased in test weight by three pounds per bushel. The correction table is based on normal quality, newly harvested corn. The marketing system does not provide for a premium for corn that grades higher than No. 2. Price discounts vary between markets and change with different crop and market conditions.
Grain sold to specific industries is subject to specific quality requirements and discounts.
Table III is a typical discount schedule that might be applied in Nebraska. Discounts assessed at local elevators may differ from those taken by terminal elevators because of insufficient time and lack of equipment to make the necessary tests to determine grade. Local elevators must, however, make allowances for any discounts they will be assessed when they move grain to the terminal elevator or other destinations. Typical price discount schedule for corn. Below 48 lbs discount 3 cents for each 1 lb or fraction thereof.