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 - Experimental Tractors Article - by Danny Bowes (Dsl). Tractor technology appears to have nearly hit it's pinnacle of development. If you agreed with the subtitle, you are rather mistaken. Quite, actually. As a matter of fact, some of the technology experimented with over 40 years ago makes today's tractor technology seem absolutely stale by comparison. Experimentation, from the most complex assembly to the most simple and mundane component, is as an integral a part of any farm tractor's development
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