Recently, Union Pacific announced its Unified Plan 2020, a new operating plan that implements "Precision Scheduled Railroading" principles. The U.S. Surface Transportation Board wrote a letter to UP three days after the announcement.
2017 HARVEST POLICIES DRYING CHARGES 3.50CENTS PER POINT OF MOISTURE TO 14% FOR STORED CORN 3.50CENTS PER POINT OF MOISTURE TO 15% FOR CORN SOLD Shrink factor - 1.45% per point of moisture removed
STORAGE RATES Corn - 15 cents per bu. for 120 days Beans - 16 cents per bu. for 120 days .0833 cents per bu. per day thereafter
DISCOUNTS Beans - 13.1% - 13.5% = 1.5% of contract price 13.6% - 14.0% = 3.0% of contract price 14.1% - 14.5% = 4.5% of contract price Beans - all loads testing 13.5% and below are one lot and 13.6% & up are one lot Corn - all loads testing 15.9% and below are one lot. Loads testing 16.0% and above are one lot. IF GRAIN IS NOT SOLD IN 14 DAYS, IT WILL BE CONSIDERED STORED.