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Discounts

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In light of the challenging economics of raising corn in western ND, Midwest AgEnergy will be lowering its moisture discounts on corn for the crop to be delivered next fall. Beginning October 1st, 2018 our drying discount at Blue Flint Ethanol will be .05 cents / bu / point of moisture above 14.5%. This discount table will be prorated to the half point, making each ½ percent over 14.5% moisture a .025 cent discount. The shrinkage table associated with high moisture corn will remain the same.

Many customers have already made new crop sales. Those existing contracts made for October 2018 through March 2019 will be amended to incorporate the new discount table.

If you have any questions regarding the new discount table feel free to reach out to our commodities team at 701-442-7575.

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Corn Shrink Table (PDF)

Test Weight

Pounds/Bushel Cents/Bushel
53.9-53.0 -.02
52.9-52.00 -.04
51.9-51.00 -.10
50.9-50.00 -.16
49.9-49.00 -.22
48.9-48.00 -.28
Below 48 SUBJECT TO REJECTION and additional .06 per point

Damage

% of Damage Cents/Bushel
5.1-6.0 -.02
6.1-7.0 -.04
7.0-8.0 -.06
8.1-9.0 -.08
9.1-10.0 -.10
10.1-11.0 -.13
11.1-12.0 -.17
Above 12 SUBJECT TO REJECTION and additional -.04 per point.

Moisture

% of Moisture Cents/Bushel
14.6 -24.0 .03/bu Drying Charge per 1/2 point over 14.5%
14.6-24.0 .135% Shrink per 1/10 of moisture over 14.5%
Above 24 SUBJECT TO REJECTION and additional .08 per 1/2 point

Heat Damage

% of HD Cents/Bushel
.10-.19 -.03
.20-.29 -.06
.30-.39 -.09
.40-.49 -.12
.50-.59 -.15
Above .60 SUBJECT TO REJECTION and additional -.03 per point

Foreign Material

% of FM Cents/Bushel
3.1-4.0 -.02
4.1-5.0 -.04
5.1-6.0 -.06
6.1-7.0 -.08
7.1-8.0 -.10
Above 8 SUBJECT TO REJECTION and additional -.02 per point

Other Discounts

Discount Cents/Bushel
Sour -.10
Musty -.05
Heating -.10
Cofo -.10
Rocks Subject to Rejection
Bugs Subject to Rejection
Miscellaneous Subject to Rejection
MOLD/MYCOTOXINS Subject to Rejection