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Archer Daniels Midland Co

Archer Daniels Midland Co.

BEECH GROVE

317-784-2200 or 800-382-5022

SCHEDULE OF DISCOUNTS FOR YELLOW SOYBEANS

2011 CROP – SUBJECT TO CHANGE WITHOUT NOTICE

EFFECTIVE Sept 1st, 2011

TEST WEIGHT

DISCOUNT

PER BU

MOISTURE

DISCOUNT

%OF

CONTRACT VALUE

DAMAGE

DISCOUNT

%OF

CONTRACT VALUE

HEAT

DAMAGE

%OF

CONTRACT VALUE

54 lbs. or more

13.1% to 13.5%

1.50%

.0% to 2%

.0% to .2%

53.9 to 53.0

13.6% to 14.0%

3.00%

2.1% to 3.0%

.3%

.3% to .5%

.3%

52.9 to 52.0

14.1% to 14.5%

4.50%

3.1% to 4.0%

.6%

.6% to 1.0%

.6%

51.9 to 51.0

14.6% to 15.0%

6.00%

4.1% to 5.0%

.9%

1.1% to 1.5%

.9%

50.9 to 50.0

15.1% to 15.5%

7.50%

5.1% to 6.0%

1.5%

1.6% to 2.0%

1.2%

49.9 to 49.0

15.6% to 16.0%

9.00%

6.1% to 7.0%

2.1%

2.1% to 2.5%

1.5%

16.1% to 16.5%

10.50%

7.1% to 8.0%

2.7%

2.6% to 3.0%

1.8%

16.6% to 17.0%

12.00%

3.1% to 3.5%

2.1%

17.1% to 17.5%

13.50%

3.6% to 4.0%

2.4%

17.6% to 18.0%

15.00%

4.1% to 4.5%

2.7%

4.6% to 5.0%

3.0%

.6% each

½ %from

5.1%-10.0%

.9% each

½over 10.1%

UNDER 49 LBS SUBJECT TO REJECTION

OR DISCOUNT ON MERIT

OVER 18%

SUBJECT

TO REJECTION

OVER 8% DAMAGE SUBJECT TO REJECTION

OVER 5% HEAT DAMAGE SUBJECT TO REJECTION

FOREIGN MATERIAL- All foreign material in excess of 1% shall be deducted from the gross weight and will not be paid for.

5% is the maximum acceptable foreign material.

SPLITS- Discounted .1% of contract price for each 1% or fraction thereof in excess of 20% to 40%; discounted .2% of contract price for each 1% or fraction thereof in excess of 40% to 50%; discounted .6% of contract price for each 1% or fraction thereof in excess of 50%

GREEN COLORED OR IMMATURE BEANS: Receipts will be discounted .3% of contract price for each 1% or fraction thereof from 1.1% to 10%. Above 10% subject to rejection.

OTHER COLORS – Brown, Black, etc; ½¢ per bushel for each 1% or fraction thereof in excess of 1%

SOYBEANS GRADING MUSTY, SOUR, COFO, INSECT INFESTED, HOT OR IN ANY MANNER SAMPLE GRADE, WILL BE SUBJECT TO REJECTION OR DISCOUNT AT OUR DISCRETION. THE MINIMUM DISCOUNT FOR SAMPLE GRADE IS 10¢

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