In light of the challenging economics of raising corn in western ND, Midwest AgEnergy will be lowering its moisture discounts on corn for the crop to be delivered next fall. Beginning October 1st, 2018 our drying discount at Blue Flint Ethanol will be .05 cents / bu / point of moisture above 14.5%. This discount table will be prorated to the half point, making each ½ percent over 14.5% moisture a .025 cent discount. The shrinkage table associated with high moisture corn will remain the same.
Many customers have already made new crop sales. Those existing contracts made for October 2018 through March 2019 will be amended to incorporate the new discount table.
If you have any questions regarding the new discount table feel free to reach out to our commodities team at 701-442-7575.