HOME ABOUT US LOCATION SERVICES CONTACT CASH BIDS MARKET DATA NEWSWIRE WEATHER RESOURCES Grain Policy HULL FEED & PRODUCE, INC. 826 14th Street, Hull, IA 51239 712-439-1851 GRAIN POLICIES EFFECTIVE Oct. 1, 2020 Corn Moisture: Selling: 15.5% Grain Bank: 14.5% Open Storage: 14.5% Corn Drying: 3 cents per point pro rated to nearest .10 percent Drying charged on wet bushels No in charges Normal drying charges Subject to change based on fuel prices. Corn Shrink: 1.5 % shrink per point of moisture removed Damage Discount: 2 cents per point from 5 to 10 percent 3 cents per point over 10 percent FM Discount: 3 cents for each percent over 3 percent Weevily Grain: 10 cents per bushel Musty Grain: 7 cents per bushel Sour Grain: 10 cents per bushel Test Weight: All corn 2 cents per pound under 54 to 52. 3 cents per pound under 52. Aflatoxin: Anything over 20 ppb will not be accepted at our facility Moisture Ave. Corn 16.0% and below will be averaged together. Corn 16.1% and above will be averaged together. Open Storage: Free storage for the first 10 days after delivery. Minimum charge of 16 cents for the first 60 days, 3 cents per bushel or pro-rated at 1/10 cent per bushel per month thereafter. All corn on storage over 1 year will be charged a storage rate of 24 cents minimum for the first 90 days and a storage rate of 3 and ½ cents per bushel or 1/8.5 cent per bushel per day thereafter. Out Charge: 10 cents per bushel if corn is not sold to Hull Feed & Produce or taken out as feed under a Hull Feed & Produce feeding program. Grain Bank: Grain Bank is defined as corn delivered to or purchased from Hull Feed & Produce for the purpose of livestock feeding using a protein or supplement from Hull Feed & Produce. Free storage for the first 60 days. 2.5 cents per bushel per month thereafter. All corn sold out of grain bank will be assessed normal storage rates. Before new crop each year, all grain bank accounts will be audited and if sufficient feed was not purchased normal storage rates will be assessed on the balance. The balance on August 31 shall not exceed 60 days supply © 2021 Barchart.com, Inc. All market data is provided and hosted by Barchart Market Data Solutions and powered by cmdty by Barchart. Information presented is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. No representations are made by Barchart as to its informational accuracy or completeness. To see all exchange delays and to review Barchart’s full Terms and Conditions, and Disclaimer, please see Barchart's User Agreement.