*These storage policies apply to all grains, unless otherwise noted, and can change at any time.*
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NEW FOR 2024 SOFT RED WHEAT CROP - DELAYED PRICING CONTRACTS
Beginning July 1, 2024 any soft red wheat delivered that is not already contracted or sold following the 7 day grace period will be put onto a Delayed Pricing Contract instead of into storage.
Please Note
- As with storage, it is the producer's responsibility to sell their grain, if they choose, as it arrives at the elevator or prior to the end of the 7 day grace period.
- If no specific instructions are given by the producer the wheat will be put onto a Delayed Pricing Contract.
More information about Delayed Pricing can be found on our website in Marketing Basics under the Grain Marketing tab on our homepage.
RATES & FEES
Upon delivery of grain, growers have a 7 day grace period after which storage fees will begin accumulating.
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- Grain can remain in storage until June 30th of the following year. For example, 2023 crop year corn can remain in storage until June 30th, 2024 at which point it must be sold to Ganaraska Grain or shipped back out by the producer.
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- On storage fee start dates, all stored grain is subject to a $5/T elevation in handling fee.
- Wheat storage fees will accumulate at a rate of $0.15 per T/day.
- Soybean and corn storage fees will accumulate at a rate of $0.115 per T/day.
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- Any stored grain that is shipped from the elevator by the producer without being sold to Ganaraska Grain will be subject to an elevation out handling fee of $7/T, plus applicable daily storage fees.
- This fee does not apply to stored grain that is sold by the producer to Ganaraska Grain.
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Please note
- It is the producer's responsibility to sell their grain, if they choose, as it arrives at the elevator.
- If the commodity is not already contracted or the producer does not provide specific instructions to sell upon arrival, Ganaraska Grain will to put the grain into storage.
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