CORN

 

If corn is sold in the first 15 days from date of unload no Deferred Pricing charge will be assessed. If corn remains unsold after 15 days Deferred Pricing charges will start back on the day of unload. Deferred Pricing current corn rate is 5.0 cents per bushel per month prorated daily.   All grain must be priced by August 23, 2019. All deferred priced contracts at KAAPA Ethanol Commodities, LLC must be priced directly into a fixed priced contract at the nearby bid. No forward pricing is allowed. When grain is applied to a Deferred Pricing contract, title transfers to KAAPA Ethanol Commodities, LLC with no price being established.  If you want grain applied to a Deferred Pricing Contract we will need to be notified prior to close of business on day of delivery.

 

SOYBEANS

 

If soybeans are sold in the first 15 days from date of unload no Deferred Pricing charge will be assessed. If soybeans remain unsold after 15 days the Deferred Pricing charges will start back on the day of unload. Deferred Pricing current rates for soybeans are 35.0 cents per bushel to December 31, 2018 and 5.0 cents per bushel per month thereafter. The initial 35.0 cent per bushel charge to December 31, 2018 is NOT prorated. The subsequent months will be assessed their charges on a prorated basis. All deferred priced contracts at KAAPA Ethanol Commodities, LLC must be priced directly into a fixed priced contract at the nearby bid. No forward pricing is allowed. When grain is applied to a Deferred Pricing contract, title transfers to KAAPA Ethanol Commodities, LLC with no price being established.  If you want grain applied to a Deferred Pricing Contract we will need to be notified prior to close of business on day of delivery.

 

 

 

 

 

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