* DELIVER NOW *LOCK BASIS vs the May25 Futures *TAKE $2.00/bu CASH FLOW ON DELIVERY (IF WANTED) * PRICE vs May25 Futures By April 25, 2025
OVERRUN BU 100 OR LESS WILL BE SPOT PRICE DAY OF DELIVERY
MOISTURE DISCOUNT SCHEDULE 2024/2025
NO SHRINK
8 CENTS PER POINT ABOVE 15.5 BASED ON CONTRACT AVERAGE
PRORATED TO THE NEAREST 10th OF A POINT
Moisture discount comparison $4.00 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: $0.08 per point above 15.5 = $0.20/bu Drying Charge: $.0475 per point above 15.0 = .$0.1425/bu 1,000 bu X (4.00 - .20 Moisture Discount)= $3,800.00 1,000 - 45 bu shrink= 955 bu X (4.00 - .1425)= $3,683.91
* For 18 moisture corn priced at $4.00- POET is discounting 116 dollars less per 1,000 bu load (11.6 cents/bu less discounts than corn delivered to the competition)
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