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Type of processing grain we broker

Current Prices

 

Wheat

Quality Specifications
Quality Specifications

Newco trades ethanol wheat based on a minimum weight of 58 lbs/bu, a maximum moisture of 14.5%, with actual dockage taken. Ergot allowance is 0.06%, and vomitoxin allowance is typically 1.0 ppm. There are usually other quality standards which vary by destination. Milling-quality premiums are often available subject to sales and location.

Oats

Quality Specifications
Quality Specifications

Newco trades milling-grade oats based on a minimum bushel weight of 42 lbs/bu for 2CW, 40 lbs/bu for 3CW, and 38 lbs/bu for 4CW. Maximum moisture is 13.5%, and actual dockage is taken. There is no tolerance for heated groats, and there are strict tolerances limiting the allowable presence of wild oats and other grains. Grading is also affected by color and occasionally by oat variety. Newco must receive a sample of all oats bought before delivery can commence.

Rye

Quality Specifications
Quality Specifications

Newco trades high quality rye to distillers and millers based on a minimum weight of 56 lbs/bu, maximum moisture of 14.0%, with actual dockage taken. Millers will generally only buy rye that has a falling number of 180 or higher. Ergot is tolerated in very limited amounts or not at all, and other quality requirements may apply.

Triticale

Quality Specifications
Quality Specifications

Newco trades high quality triticale to distillers and millers based on a minimum weight of 56 lbs/bu, maximum moisture of 14.0%, with actual dockage taken. Millers will generally only buy rye that has a falling number of 180 or higher. Ergot is tolerated in very limited amounts or not at all, and other quality requirements may apply.

Peas

Quality Specifications
Quality Specifications

Newco occasionally trades edible peas to domestic processors and exporters. Requirements include a minimum 58 lbs/bu, maximum 15% moisture, with actual dockage taken. Percentage of split peas per load is also measured, and paid at a lower rate. For green peas, price varies according to the percentage of bleached peas. Other quality requirements may apply.

Brown & Golden Flax

Quality Specifications
Quality Specifications

Newco occasionally trades flax to processors in Canada and the US. Requirements include a minimum 56 lbs/bu, maximum 10.0% moisture, with actual dockage taken. Other quality requirements may apply.

Soybeans

Quality Specifications
Quality Specifications

Newco trades soybeans to oil manufacturers based on a minimum weight of 58 lbs/bu, a maximum moisture of 14.0%, with actual dockage taken and additional dockage applying for a green count exceeding 1-2%. Other quality requirements may apply.

Corn

Quality Specifications
Quality Specifications

Newco trades corn to local distillers and ethanol manufacturers based on a minimum weight of 53 lbs/bu, maximum moisture of 15.5%, and a maximum allowable foreign material (dockage) of 3-6% subject to destination.

right.png   Newco occasionally has prices available for other processing grains. Contact us for more details.

 

Payment terms

Promptly: most payments are received within 10-14 working days of the date of delivery.  Because some
payments are reliant upon sampling data from the processor, occasionally receipt of payment can take up to three weeks.  As with feed grains though, precise payment terms vary from buyer to buyer.

Most processing grain buyers also offer split payments, deferrals, and can courier or transfer funds electronically depending on the producer’s wishes.  Please indicate any special arrangements you require to our grain traders.