HULL FEED & PRODUCE, INC.
826 14th Street, Hull, IA 51239
712-439-1851
GRAIN POLICIES EFFECTIVE Oct. 1, 2023
Corn Moisture: Selling: 15.5%
Grain Bank: 14.5%
Open Storage:14.5%
Corn Drying: 3.75 cents per point pro rated to nearest .10 percent
Drying charged on wet bushels
No in charges Normal drying charges
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: First 60 days free storage, thereafter $.06 per bushel per month, pro-rated daily. All corn on storage over 1 year will be charged a storage rate of 24 cents minimum for the first 60 days and a storage rate of $.06 per bushel per month, pro-rated daily.
Open Storage/Price Later: Corn delivered from Oct. 1 to Oct. 31, 60 days free priced later. After 60 days 10 cents per bushel in charge and 4 cents per bushel pro rated daily.
Out Charge: 15 cents per bushel if corn is not sold to Hull Feed & Produce or not 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 90 days. 3.0 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
