Cash bids

CORN   RECEIVING
(Updated 02.29.24)

 
MONDAY - THURSDAY     7:30 am - 4:00 pm

CLOSED FRIDAY 3.1.2024- NO CORN RECEIVING


 

 
PRICE LATER: 5 cents/month prorated daily from date of unload. Price by Aug 23, 2024.
 
FALL 2023 GRAIN POLICIES 
 
MOISTURE DISCOUNT SCHEDULE 2023/2024
  • NO SHRINK
  • 10 CENTS PER POINT ABOVE 15.5 BASED ON CONTRACT AVERAGE
  • PRORATED TO THE NEAREST 10th OF A POINT
                      Moisture discount comparison    $5.00 Cash Corn at 18% Moisture                               
POET                                                                                 vs                           COMPETITION 
1,000 bushels delivered at 18% Moisture                                                        1,000 bushels delivered at 18% Moisture
No Shrink                                                                                                         1.5% Shrink = -15 bu/pt above 15% 
Drying Charge: $0.10 per point above 15.5 = $0.25/bu                                   Drying Charge: $.0475 per point above 15.0 = .$0.1425/bu
   
1,000 bu X (5.00 - .25 Moisture Discount)= $4,750                     1,000 - 45 bu shrink= 955 bu X (5.00 - .1425)= $4,639    
                                
           * For 18 moisture corn priced at $5.00-  POET is discounting 111 dollars less per 1,000 bu load
             (11 cents/bu less discounts than corn delivered to the competition)

DISCOUNT SCHEDULE - EFFECTIVE FALL 2023

____________________________________________________________________________________________
Ask about mass text messaging to get the latest updates on receiving and market offerings


 Grain Hotline: 1-712-724-5235
 

Archie Voorhees - Commodities Manager
O: 712-724-5214

C: 712-223-0315

Nancy Nasers - Grain Buyer
O: 712-724-5216
C: 712-344-0213

Brent Pekelder - Grain Buyer
O: 712-724-5234
C: 712-230-0015

 

 

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CORN
USDA has adjusted the calculations of LDP data.
Click here for more information.
Delivery Futures Month Futures Price Basis Futures Change Cash Price
History MAR 24 @C4K
424'6s
 -4'6
 03/01/2024 1:19:00 PM CST
History APR 24 @C4K
424'6s
 -4'6
 03/01/2024 1:19:00 PM CST
History MAY 24 @C4K
424'6s
 -4'6
 03/01/2024 1:19:00 PM CST
History JUNE 24 @C4N
436'2s
 -5'0
 03/01/2024 1:19:00 PM CST
History JULY 24 @C4N
436'2s
 -5'0
 03/01/2024 1:19:00 PM CST
History AUG/SEP 24 @C4U
445'2s
 -5'0
 03/01/2024 1:19:00 PM CST
History OCT/NOV 24 @C4Z
459'2s
 -4'0
 03/01/2024 1:19:00 PM CST
History DEC 24 @C4Z
459'2s
 -4'0
 03/01/2024 1:19:00 PM CST
History Jan/Feb/Mar 25 @C5H
473'0s
 -2'6
 03/01/2024 1:19:00 PM CST
History Apr/May 25 @C5K
479'6s
 -2'2
 03/01/2024 1:16:00 PM CST
History June/July 25 @C5N
482'4s
 -1'4
 03/01/2024 1:19:00 PM CST
 
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