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Aberdeen MS | Custom drying charges "here" for the local coop is 5.25 cents per point per bushel of wet corn. But more than likely if a load of 35% was brought in...it would be the only load you unloaded, they wouldn't accept another that high.
20 points of moisture times 5.25 cents per point gives a $1.05 per bushel cost.
Shrink "here" is 1.35% per point of moisture.
The end result of 500 bushels of 35% corn would be 135 bushels of shrink netting 365 bushels to sell with a drying cost of $525.
Cash price for November corn with current activity on the over night trade is $3.38. At that price it takes 155 bushels to pay for the drying.
Leaving a "net" of 210 bushels of corn to sell to pay bills.
30,000 bushels of 35% corn????? $31,500.00 | |
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how much to charge for drying WET corn
