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Seed production net bushel question
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barsfarm
Posted 3/22/2024 07:53 (#10674829)
Subject: Seed production net bushel question


Minnesota
On my bushel settlement for soybean seed production. I have gross bushels minus FM .1-.5% and then clean out % 1-5% equals net bushels. Shouldn’t I get paid commodity price on gross minus FM = net elevator bushels and then paid premium on net bushels after FM & Cleanout. Never noticed it until I grew more then 8,000bu and grew I thought 30,000bu but only netted ~28,500 after cleanout removed. If I dumped this at the elevator I’d get paid after FM and gain a lot of net bushels more then the premium is worth. Correct me if I’m wrong in my math and thinking?
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