Illinois River Energy - Corn Delivery - Policies

Policies
(Terms are subject to change without notice.)

It is IRE’s intention to only purchase corn that is #2 or better quality with 16.0% or less moisture content.  IRE may allow #3 quality or moisture content up to 17.0% to be unloaded, with the below discounts to apply.   IRE may, at any time, choose not to accept #3 quality corn, or moisture content above 16.0% depending on the current processing situation.  Please note the quality factors below that will, under no circumstance, be unloaded at IRE.

Foreign Material $.03 per bushel each 1% or fraction 3.1 - 4.0%
4.1% and above will be rejected
Damage

$.03 per bushel each 1% or fraction 5.1-7.0%
7.1% and above will be rejected

Moisture

$.04 per bushel each 1/2% or fraction 15.1-16.0%
$.05 per bushel each 1/2% or fraction   16.1 –17.0%
17.1% and above will be rejected

Test Weight

$.02 per bushel each lb. or fraction  53.9-52.0 lbs.
 51.9 lbs. and below will be rejected

                                                                                                                               
Other Factors

Heat damage, Musty, Sour, Heating, Infested, and COFO will be rejected.

Aflatoxin maximum of 10 PPB. Aflatoxin test method to be selected and performed by IRE or party selected by IRE.

Seller warrants that no water has been added to the grain delivered to IRE at any time or for any purpose except when used as a carrier for residual insecticides at manufacturers recommended levels.

 

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