They pay on dry weight here. And that's after shrink of 1.4% per point of moisture above 15%. So your 1000 bushels of 20% corn gets paid for as 930 bushels of 15% corn. Then you pay for drying, probably about 4 cents a point per bushel.
If you sold the corn its figured at 15%, if you stored the corn its figured at 14% so 1000 pounds of 20% corn stores as 916 pounds of 14% corn.
So 1000 pounds was 17.857 bushels wet, but 16.607 bushels at 15% or 16.357 bushels at 14%.
Or 1000 bushels wet is 930 bushels at 15%, 916 bushels at 14%. This wet year its a cost of selling corn. Some people delivered 27% or wetter corn. The shrink and drying really cut their income.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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