Contracts
Corn
If corn is sold in the first 15 days from date of unload no Deferred Pricing charges will be assessed. If corn remains unsold after 15 days Deferred Pricing charges will start back to the day of unload. Deferred Pricing current corn rate is $0.045 per bushel per month prorated daily. All grain must be priced by August 20, 2020. All Deferred Priced Contracts at KAAPA Ethanol Commodities, LLC must be priced directly into a Fixed Priced Contract at the nearby bid. No forward pricing is allowed on these contracts. When grain is applied to a Deferred Pricing Contract, title transfers to KAAPA Ethanol Commodities, LLC with no price being established.
Soybeans
If soybeans are sold in the first 15 days from date of unload no Deferred Pricing charges will be assessed. If soybeans remains unsold after 15 days the Deferred Pricing charges will start back to the day of unload. Deferred Pricing current soybean rate is $0.050 per bushel per month prorated daily. All grain must be priced by August 20, 2020. All Deferred Priced Contracts at KAAPA Ethanol Commodities, LLC must be priced directly into a Fixed Priced Contract at the nearby bid. No forward pricing is allowed on these contracts. When grain is applied to a Deferred Pricing Contract, title transfers to KAAPA Ethanol Commodities, LLC with no price being established.