2024-2025 Ludlow Co-op Service Rates
Crop Policies

Corn

Unless you notify us otherwise, corn will be placed into storage 7 days after the first day of delivery.
ALL DISCOUNTS ARE ON A PER LOAD BASIS-NO AVERAGING

Storage Charges

16 cents day of delivery plus 3.5 cents per month (.0012 cents/bu daily) through 8/31/25.

Delayed Pricing Rate

13 cents day of delivery plus 3.5 cents per month (.0012 cents/bu daily) through 8/31/25.

Shrink ("MO" on Delivery Sheet)

1.4 each 1% (applied as 0.14% each 1/10% moisture) over 15.0%
15.0% moisture for Contracts, Delayed Pricing, Spot within 7 days of the first day of delivery.
14.0% moisture for Open Storage & Warehouse Receipt

Drying ("DR" on Delivery Sheet)

Assessed on wet bushels
4.5 cents per point of moisture from 15.1% to 20%
2.5 cents per point above 20%. (all split on half points)

Corn Moisture / Cents per Bushel
15.10 - 15.50, 2.25 cents
15.60 - 16.00, 4.5 cents
16.10 - 16.50, 6.75 cents
16.60 - 17.00, 9.0 cents
17.10 - 17.50, 11.25 cents
17.60 - 18.00, 13.5 cents
18.10 - 18.50, 15.75 cents
18.60 - 19.00, 18.0 cents
19.10 - 19.50, 20.25 cents
19.60 - 20.00, 22.5 cents
20.10 - 20.50, 23.75 cents
20.60 - 21.00, 25.0 cents
21.10 - 21.50, 26.25 cents
21.60 - 22.00, 27.5 cents
22.10 - 22.50, 28.75 cents
22.60 - 23.00, 30.0 cents
23.10 - 23.50, 31.25 cents
23.60 - 24.00, 32.5 cents
24.10 - 24.50, 33.75 cents
24.60 - 25.00, 35.0 cents

Test Weight : (“TW” on Delivery Sheet)

53.0 - 53.9, 1 cent
52.0 - 52.9, 2 cents
51.0 - 51.9, 4 cents
50.0 - 50.9, 6 cents
Below 50.0 subject to market scales

Foreign Material: (“FM” on Delivery Sheet)

3.1 - 4.0, 2 cents
4.1 - 5.0, 4 cents
5.1 - 6.0, 7 cents
6.1 - 7.0, 10 cents
4 cents each 1% over 7.0%
Subject to rejection over 7.0%.

Damage: (“DM” on Delivery Sheet)

5.1 - 6.0, 2 cents
6.1 - 7.0, 4 cents
7.1 - 8.0, 6 cents
8.1 - 9.0, 8 cents
9.1 - 10.0, 10 cents
Subject to rejection over 10.0%

Heat Damage: (“HT” on Delivery Sheet)

0.3 - 1.0, 2 cents
1.1 - 2.0, 4 cents
2.1 - 3.0, 6 cents
3.1 - 4.0, 8 cents
4 cents each 1% over 4.0% - max 8.0%

MUSTY: (“MU” on Delivery Sheet) - 7 cents
SOUR: (“SR” on Delivery Sheet) - 10 cents
HOT/HEATING: (“HE” on Delivery Sheet) - 10 cents
WEEVIL: (“WV” on Delivery Sheet) - 10 cents
COFO: (“CO” on Delivery Sheet) - 10 cents

Drying charges will be deducted from settlements for grain payments through the end of harvest, unless requested otherwise. Approximately, December 10, 2024 drying charges will be invoiced to the patron’s account and payment will be due on January 10, 2025.

CORN remaining in Storage as of 9/1/25 will be assessed the new 2025-2026 minimum plus daily storage rate and any applicable carryover charges in effect at that time. Any accumulated and unpaid storage charges as of that date are payable and due by September 25, 2025.

CORN remaining in Delayed Pricing as of 9/1/25 will be assessed the new 2025-2026 minimum plus daily storage rate and any applicable carryover charges in effect at that time. Any accumulated and unpaid storage charges as of that date are payable and due by September 25, 2025.

Soybeans

Ludlow Coop is offering FREE DELAYED PRICING on deliveries beginning 11-18-24 FOR DELIVERY TO ANY LUDLOW COOP LOCATION SPACE AS AVAILABLE DELAYED PRICING - FREE NO MOISTURE AVERAGING (within a 30 day delivery period) and shrunk to 13.0% FREE DP thru 8/31/25, new 2025 crop rates will go into effect at that time.

OPEN STORAGE - NO MOISTURE AVERAGING (within a 30 day delivery period) and shrunk to 13.0% charges of NO drop charge and .0012 cent per bushel per day (3.5 cents per month) thru 8-31-25, new 2025 crop rates will go into effect at that time.

Unless you notify us otherwise, beans will be placed into storage 7 days after the first day of delivery.
ALL DISCOUNTS ARE ON A PER LOAD BASIS-NO AVERAGING

Bean Moisture over 16% is subject to REJECTION

Storage Charges

16 cents day of delivery plus 3.5 cents per month (.0012 cents/bu daily) through 8/31/25.

Delayed Pricing Rates

13 cents day of delivery plus 3.5 cents per month (.0012 cents/bu daily) through 8/31/25.

Shrink ("MO" on Delivery Sheet)

Beans are shrunk to 13.0%
1.25% each 1/2% moisture 13.1% to 15.0%
2.0% each 1/2% moisture over 15.0%

Test Weight : (“TW” on Delivery Sheet)

53.0 - 53.9, 1 cent
52.0 - 52.9, 2 cents
51.0 - 51.9, 3 cents
50.0 - 50.9, 4 cents
Below 50.0 subject to market scales

Foreign Material: (“FM” on Delivery Sheet)

All foreign material in excess of 1% will be docked from gross weight.

Damage: (“DM” on Delivery Sheet)

2.1 - 3.0, 1 ½ cents
3.1 - 4.0, 3 cents
4.1 - 5.0, 4 ½ cents
1 1/2 cents each additional 1/2% over 5.0%

Heat Damage: (“HT” on Delivery Sheet)

0.3 - 0.5, 2 cents
0.6 - 1.0, 4 cents

MUSTY: (“MU” on Delivery Sheet) - 5 cents
SOUR: (“SR” on Delivery Sheet) - 10 cents
HOT/HEATING: (“HE” on Delivery Sheet) - 10 cents
WEEVIL: (“WV” on Delivery Sheet) - 5 cents
COFO: (“CO” on Delivery Sheet) - 10 cents

Beans remaining in Storage as of 9/1/25 will be assessed the new 2025-2026 minimum plus daily storage rate and any applicable carryover charges in effect at that time. Any accumulated and unpaid storage charges as of that date are payable and due by September 25, 2025.

Beans remaining in Delayed Pricing as of 9/1/25 will be assessed the new 2025-2026 minimum plus daily storage rate and any applicable carryover charges in effect at that time. Any accumulated and unpaid storage charges as of that date are payable and due by September 25, 2025.

DP charges subject to change without notice due to market conditions.

Warehouse receipts available upon request.

CONTRACTED GRAIN - IF NOT SPECIFIED PRIOR TO HARVEST OR AT TIME OF SALE WILL BE APPLIED BY DATE OF SALE ON THE CONTRACT!