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Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

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Page 1: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

Grain Elevator

Cost Schedule

Revised - January, 2009/May, 2012

Created - December, 2004

Prepared by the MAAO Agricultural Committee

Page 2: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

Table of Contents

Table of Contents Pg.

Introduction and Maps

Section A

Grain elevator cost schedule .......................................................................................................................A.1

Physical deterioration .................................................................................................................................A.2

Functional obsolescence .............................................................................................................................A.3

Economic obsolescence..............................................................................................................................A.4

MN Biofuel Processing Plant Cities ...........................................................................................................A.5

Map Of Ethanol Facilities In MN ...............................................................................................................A.6

MN Border States Biofuel Processing Plant Cities ......................................................................................A.7

United States Ethanol Production capacity by States ...................................................................................A.8

Historic U.S. Ethanol: Production,..............................................................................................................A.9

Distillers Grain export/consumption ...........................................................................................................A.10

U.S. Ethanol production impact on global grain supplies ............................................................................A.11

MN Shuttle Elevator Cities.........................................................................................................................A.12

Cost Schedules

Section B

Wood crib grain elevator ............................................................................................................................B.1

Pricing Example .........................................................................................................................................B.2

Concrete grain elevators .............................................................................................................................B.3

Concrete Grain elevators (no head house) ...................................................................................................B.4

Steel grain complex ....................................................................................................................................B.5

Section C

Steel hopper bins ........................................................................................................................................C.1

Corrugated steel grain bins .........................................................................................................................C.3

Section D

Feed mill wood construction ......................................................................................................................D.1

Feed mill concrete and steel construction....................................................................................................D.2

Section E

Dry Mill Process ........................................................................................................................................E.1

Dry Mill Plant Layout ................................................................................................................................E.3

Ethanol Plants ............................................................................................................................................E.5

Dry Mill Structures Descriptions ................................................................................................................E.6

Wet Mill Plants ..........................................................................................................................................E.7 Soybean Processing Plants…………………………………………………………………………………………….E.8

Section F

Welded Carbon Steel tanks.........................................................................................................................F.1

Section G

Grain storage buildings ..............................................................................................................................G.1

Bulk head / Bunkers / Grain liners ..............................................................................................................G. 2

Page 3: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

Table of Contents

Table of Contents (cont) Pg.

Section H

Fertilizer plants ..........................................................................................................................................H.1

Section I

Anhydrous (NH3)/Liquid Propane (LP) storage tanks .................................................................................I.1

Stainless steel / poly tanks / concrete dike walls for herbicides ...................................................................I.2

Section J

Railroad siding schedule ............................................................................................................................J.1

Section K

Exempt machinery, equipment and structures .............................................................................................K.1

Appendices

Section L - Appendices

Appendix A: Field checklist ......................................................................................................................L.1

Appendix B: Glossary ...............................................................................................................................L.3

Appendix C: Ethanol Glossary ..................................................................................................................L.5

Appendix D: Minnesota Railroad and Mileage ..........................................................................................L.6

Appendix E: .............................................................................................................................................L.7

Appendix F: Minnesota Railroads Websites ..............................................................................................L.8

Appendix G: Minnesota Railroads - Rail Car Weight and Capacity............................................................L.9

Appendix H: Shuttle Elevator Contacts .....................................................................................................L.10

Page 4: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

12/04 Section A page 1

GRAIN ELEVATOR COST SCHEDULE

The following schedule provides replacement

cost information to be used as a guide in

estimating the cost new for grain elevators.

The costs reflected are 100 percent; therefore

it may be necessary to adjust to the local level

of assessment.

Acknowledgments are given to Vanguard

Appraisals, Inc. of Cedar Rapids, Iowa and

Marshall-Swift Valuation Services of Los

Angeles, CA, in development of some of the

cost schedules.

Although replacement cost new can be

estimated with reasonable accuracy for grain

elevators, estimating the amount of accrued

depreciation can be far more difficult.

Changes in the industry in the last ten years

and outside competition have caused many

grain elevator operations to suffer from

functional and/or economic obsolescence. The

current emphasis is on facilities that provided

greater cost-efficiency and lower

transportation costs. Some discussion and

examples of physical deterioration, functional

obsolescence and economic obsolescence will

be provided.

There are different types of grain handling

and storage facilities. It is necessary to

distinguish between these types in the highest

and best use analysis. Factors that cause

economic and functional obsolescence may

not be the same. The type of grain elevator is

identified by function, not physical

characteristics. As with any appraisal, the first

step is the analysis and determination of the

highest and best use of the subject property.

This is critical in order to put the appraiser in

the right market in the data collection process

and provides essential information in

determining functional and/or economic

obsolescence. There are two major types of

grain elevator operations: country and

terminal.

A country elevator generally buys grain

directly from an individual farm operation

and resells to a terminal elevator or directly to

a grain processor. Minimal 1 - 2 through puts

are common with country elevators. They do

not handle large volumes of grain; typically

between 500 to 5,000 bushels per hour. The

construction is lighter than a terminal elevator

and is wood cribbed or concrete. There may

be other profit centers associated with a

country elevator such as a feed mill, farm

supplies store, fuel sales and/or fertilizer

plant. The predominant mode of

transportation is either by truck or rail. There

are some typical disadvantages found in

country elevators as opposed to terminal

elevators. For example, labor costs are

generally higher as there is not as much

automation within the facilities. In many

cases, the annex bins require additional labor

due to lack of automation in loading and/or

unloading. Round steel bins may also be

found in a country elevator operation. These

bins are intended to be emptied seasonally,

and if there is no permanent loading or

unloading some functional obsolescence

should be recognized. Refer to pages 3 and 4

for functional and economic obsolescence.

A terminal grain elevator purchases its grain

from country elevators or directly from the

farmer. Grain is then sold directly to grain

processors or exporters. Typical types of

terminal elevators may include unit-train and

river barge. Major modes of transportation are

by rail, truck or barge depending upon the

type of terminal elevator. Handling speeds are

greater than a country terminal and typically

range from 10,000 bushels per hour to 30,000

bushels per hour. Construction is heavier, has

faster handling speeds, and typically is

reinforced concrete.

Page 5: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

12/04 Section A page 2

PHYSICAL DETERIORATION Physical deterioration refers to the general

wear and tear of building components. The

greater the amount of physical deterioration,

the less utility is provided by the buildings.

Although there is no specific percent that

can be used for all grain elevator operations,

the following is a suggested guide. This

depreciation guide assumes normal

maintenance and recognizes only physical

deterioration; therefore, it may be necessary

to consider further allowances for functional

and/or economic obsolescence. It cannot be

emphasized too strongly that this is only a

guide and is not meant to be a substitute for

the appraiser's judgment based on an actual

physical inspection.

Physical Depreciation Guide

Wood Crib Elevator and Annex

Effective Age Percent Depreciated 19- 21 40%

22- 25 45%

26- 29 50%

30 -33 55%

34- 37 60%

38- 41 65%

42 -45 70%

46 -50 75%

51 -60 80%

over 60 85%

Concrete Elevators and Annex

Effective Age Percent Depreciated 0 -2 3%

3 -4 6%

5 -6 9%

7 -9 12%

10-12 15%

13- 15 20%

16- 18 25%

19- 21 30%

22- 24 35%

25- 27 40%

28- 30 45%

31 -34 50%

35 -40 55%

41 -45 60% 46 -50 65%

51 -55 70%

56- 60 75%

over 60 80%

Page 6: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

12/04 Section A page 3

FUNCTIONAL OBSOLESCENCE

Functional obsolescence is the inability of a

structure to adequately perform the purpose

for which it is currently being used. It can be

caused by changes in the state of the art, a

deficiency in the structure due to

undercapacity, lack of modernization or

overimprovement. Functional obsolescence

results in less efficiency and may be curable

or incurable.

Curable functional obsolescence may be

measured by the cost to cure.

An example may be flat storage with

no permanent loading or unloading

system. This results in excess cost

due to additional labor and/or

potential damage to grain being

removed.

Another example may be the

electrical system. Many of the older

elevators have inadequate systems

that will not allow maximum

handling efficiency.

Another example may be a country

elevator with a one-leg system where

a two-leg system would provide

more efficiency due to the ability to

handle higher volumes of grain.

Another example may be a situation

in an older elevator where the truck

scale is of insufficient size to handle

modern trucks. Many of the older

facilities do not meet OSHA, MPCA

or MDA standards.

Incurable functional may result from an

overimprovement or deficiency. In the case

of a deficiency, the amount may be

measured by capitalizing the income loss or

analyzing comparable sales if sufficient

information is available.

An example may be an operation

originally designed as a unit-train

elevator, but due to abandonment of

rail service, mergers and

consolidations, and the move to

larger train loading stations, it may

now function only as a country

branch elevator. In this case, the

excess of construction over what the

elevator is currently being used for

may represent the amount of

depreciation resulting from the

overimprovement. Typically, this

may be measured by analyzing the

difference between reproduction vs.

replacement cost new.

Another example of incurable

functional obsolescence would be

where several country elevators have

been combined under one ownership

at different geographic locations.

Generally, if they were combined at

one location within the same

complex, they could operate more

cost-effectively. In this instance,

capitalizing the net income loss as a

result of excess costs would be the

best measure of estimating the loss in

value.

Page 7: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

12/04 Section A page 4

ECONOMIC OBSOLESCENCE

Economic (or locational) obsolescence is a

loss in value due to negative influences

outside the property itself. It is usually

incurable but not necessarily permanent. It

is the impairment of desirability or useful

life arising from economic forces, such as

changes in highest and best use, railroad

closing, and changes in supply-demand

relationships.

The measure of this type of obsolescence

may be estimated by capitalizing the net

income stream or comparing sales of similar

types of property. Typical examples of loss

in value may be due to rail abandonment,

inability to secure rail cars, disadvantages

of competing modes of transportation,

adverse changes in freight rates and local

competition from nearby elevators,

terminals, large integrated feed

operations, larger on site farm storage,

ethanol and bean plants, and river

terminals. Location on a shortline

railroad versus a major line impacts rates

offered.

However, the appraiser must carefully

analyze all the facts in determining whether

or not any of the above factors actually

affect the value of the subject property .

A typical example may be the result

of rail abandonment. This may or

may not have an effect on the value

of the elevator. Perhaps the elevator

did not rely on rail service initially. It

would be necessary to determine

how much the elevator was shipping

prior to the abandonment compared

to how much they are shipping after

the abandonment. In contrast would

be a unit-train elevator that relies

solely on rail for transportation.

Another example may be a river

terminal that has difficulty in the

winter when the river freezes or has

very high expenses as a result of

having to redredge the river every so

many years. Again, close analysis is

necessary when adjusting for

different modes of transportation. A

river terminal may have favorable

truck or rail rates in the winter

months that offset other negative

factors. In other words, one negative

influence may be more than offset by

another positive influence.

There are other examples when

transportation factors may not have a

negative effect on value.

There may be an area where rail

service is high, but perhaps the

subject property is located close to a

soybean processing plant and truck

rates are very favorable.

Another example may be where

there are increases in rail rates, but

the subject property is a country

elevator that relies predominantly on

truck transportation. A way to

measure if there is any obsolescence

due to modes of transportation would

be to compare alternatives on a per

bushel basis.

Page 8: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

05/12 Section A page 5

CITIES WITH BIOFUEL PROCESSING PLANTS IN MN

* MGY = Millions of Gallons produced per Year (From Ethanol Producer Magazine dated April/2012)

Current Ethanol Production

CITY MGY * COUNTY Albert Lea-----------------------------------------------------42-------------------------------------------------------Freeborn

Atwater --------------------------------------------------------- 65------------------------------------------------------ Kandiyohi

Benson---------------------------------------------------------- 46-------------------------------------------------------------Swift

Bingham Lake------------------------------------------------- 35---------------------------------------------------- Cottonwood

Buffalo Lake -------------------------------------------------- 20--------------------------------------------------------- Renville

Claremont ------------------------------------------------------ 45----------------------------------------------------------- Dodge

Fairmont ------------------------------------------------------- 115 --------------------------------------------------------- Martin

Fergus Falls --------------------------------------------------- 60------------------------------------------------------- Otter Tail

Granite Falls --------------------------------------------------- 60------------------------------------------------------- Chippewa

Heron Lake ---------------------------------------------------- 50--------------------------------------------------------- Jackson

Janesville------------------------------------------------------- 100 -------------------------------------------------------- Waseca

Lamberton ----------------------------------------------------- 55------------------------------------------------------- Redwood

Lake Crystal --------------------------------------------------- 57------------------------------------------------------ Blue Earth

Little Falls ----------------------------------------------------- 20.5 ----------------------------------------------------- Morrison

Luverne -------------------------------------------------------- 21------------------------------------------------------------- Rock

Marshall -------------------------------------------------------- 40------------------------------------------------------------- Lyon

Melrose --------------------------------------------------------- 2.6 --------------------------------------------------------- Stearns Morris ---------------------------------------------------------- 24---------------------------------------------------------- Stevens

Preston---------------------------------------------------------- 48---------------------------------------------------------Fillmore

Welcome ------------------------------------------------------- 110 --------------------------------------------------------- Martin

Winnebago----------------------------------------------------- 49-------------------------------------------------------- Faribault

Winthrop ------------------------------------------------------- 95----------------------------------------------------------- Sibley

Current BioDiesel Production

CITY MGY* COUNTY

Albert Lea ----------------------------------------------------- 30-------------------------------------------------------- Freeborn

Brewster -------------------------------------------------------- 30---------------------------------------------------------- Nobles

Isanti ------------------------------------------------------------ 3 ------------------------------------------------------------- Isanti

Hallock (canola oil and feed production plant) --------- ------------------------------------------------------------- Kittson

Page 9: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

02/08 Section A page 6

Page 10: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

02/08 Section A page 7

CITIES WITH BIOFUEL PROCESSING PLANTS BORDERING MN

Current Ethanol/Biodiesel Production

IOWA Albert City -------------------- 110

Arthur -------------------------- 110

Ashton --------------------------- 56

Cedar Rapids ------------------ 260 Charles City ------------------- 110

Clinton ------------------------- 147

Coon Rapids -------------------- 54

Corning -------------------------- 65

Council Bluffs ---------------- 110

Denison -------------------------- 55

Dyersville --------------------- 100

Eddyville ------------------------ 35

Emmetsburg--------------------- 55

Fairbank ----------------------- 110

Fort Dodge -------------------- 110

Galva ----------------------------- 30

Goldfield------------------------- 60

Gowrie --------------------------- 69

Grand Junction --------------- 100

Hartley ------------------------- 110

Hanlontown --------------------- 56 Iowa Falls ----------------------- 90

Jewell ---------------------------- 69

Lakota -------------------------- 100

Marcus --------------------------- 92

Mason City -------------------- 115

Menlo -------------------------- 110

Merrill---------------------------- 50

Muscatine ----------------------- 20

New Hampton ---------------- 100

Nevada --------------------------- 55

Riga------------------------------- 57

Shenandoah --------------------- 65

Sioux Center -------------------- 60

St. Ansgar --------------------- 110

Steamboat Rock ---------------- 31

Superior -------------------------- 55

West Burlington -------------- 100

NORTH DAKOTA Casselton ---------------------- 110

Grafton --------------------------- 10

Hankinson --------------------- 110

Richardton ----------------------- 50

Underwood ---------------------- 50

Walhalla ------------------------- 23

SOUTH DAKOTA Aberdeen-------------------------- 9

Aurora -------------------------- 120

Big Stone City ----------------- 79

Chancellor --------------------- 110 Groton --------------------------- 53

Hudson -------------------------- 56

Huron ---------------------------- 12

Loomis -------------------------- 60

Marion ------------------------- 100

Mitchell ------------------------- 68

Mina ---------------------------- 107

Redfield ------------------------- 50

Rosholt -------------------------- 20

Scotland ------------------------- 11

Watertown --------------------- 100

Wentworth ---------------------- 50

WISCONSIN Boyceville ---------------------- 40

Cambria ------------------------- 40 Friesland ------------------------ 49

Greenwood ----------------------- 3

Jefferson Junction ------------ 110

Necedah ------------------------- 50

Milton --------------------------- 52

Monroe -------------------------- 48

Stanley -------------------------- 41

Page 11: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

05/12 Section A page 8

Page 12: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

05/12 Section A page 8

Page 13: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

02/08 Section A page 10

Page 14: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

02/08 Section A page 11

Page 15: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

02/08 Section A page 12

CITIES WITH SHUTTLE ELEVATORS IN MN

CITY RAILROAD COUNTY

Alberta ----------------------------------------------------------BNSF ----------------------------------------------Stevens

Alvarado ----------------------------------------------------------CP----------------------------------------------- Marshall

Argyle -----------------------------------------------------------BNSF -------------------------------------------- Marshall

Barnesville ------------------------------------------------- OTV/BNSF -----------------------------------------------Clay

Breckenridge --------------------------------------------------BNSF ----------------------------------------------- Wilkin

Brewster ----------------------------------------------------------UP ------------------------------------------------ Nobles

Brownton (effective 2012) -------------------------------- TC&W --------------------------------------------- McLeod

Buffalo Lake (effective 2012) ---------------------------- TC&W --------------------------------------------- Renville

Clara City ------------------------------------------------------BNSF -------------------------------------------Chippewa

Clarkfield -------------------------------------------------------BNSF --------------------------------- Yellow Medicine

Crookston ------------------------------------------------------BNSF -------------------------------------------------- Polk

Duluth3 -----------------------------------------------------BNSF/CP/UP---------------------------------------- St. Louis

Elbow Lake ------------------------------------------------------CP--------------------------------------------------- Grant

Erskine ----------------------------------------------------------BNSF -------------------------------------------------- Polk

Fairmont ------------------------------------------------------- UP/CP ----------------------------------------------- Martin

Fergus Falls1 ----------------------------------------------- BNSF/OTV ---------------------------------------- Otter Tail

French -----------------------------------------------------------BNSF ------------------------------------------- Otter Tail

Glenwood --------------------------------------------------------CP---------------------------------------------------- Pope

Hanley Falls ---------------------------------------------------BNSF --------------------------------- Yellow Medicine

Hazel --------------------------------------------------------------CP-------------------------------------------- Pennington

Herman ---------------------------------------------------------BNSF ------------------------------------------------ Grant

Heron Lake ------------------------------------------------------UP ----------------------------------------------- Jackson

Hills -------------------------------------------------------------BNSF ------------------------------------------------- Rock

Hoffman ----------------------------------------------------------CP--------------------------------------------------- Grant

Holloway -------------------------------------------------------BNSF ------------------------------------------------- Swift

Jasper ------------------------------------------------------------BNSF ------------------------------------------- Pipestone

Lamberton--------------------------------------------------------CP---------------------------------------------- Redwood

Madelia1 ----------------------------------------------------------UP -------------------------------------------- Watonwan

Marna2 ------------------------------------------------------------UP ---------------------------------------------- Faribault

Marshall3 -------------------------------------------------------BNSF ------------------------------------------------- Lyon

Maynard --------------------------------------------------------BNSF -------------------------------------------Chippewa

Miloma------------------------------------------------------------UP ----------------------------------------------- Jackson

Minneapolis--------------------------------------------------- CP/UP ------------------------------------------- Hennepin

Mountain Lake --------------------------------------------------UP ------------------------------------------ Cottonwood

Murdock --------------------------------------------------------BNSF ------------------------------------------------- Swift

New Ulm ---------------------------------------------------------CP-------------------------------------------------- Brown

Rothsay1 --------------------------------------------------------BNSF ----------------------------------------------- Wilkin

Ruthton ---------------------------------------------------------BNSF ------------------------------------------- Pipestone

Savage1 -----------------------------------------------------------UP --------------------------------------------------- Scott

Split Rock ------------------------------------------------------BNSF ------------------------------------------- Pipestone

Springfield -------------------------------------------------------CP-------------------------------------------------- Brown

St. Hilaire1 -----------------------------------------------------BNSF ----------------------------------------- Pennington

St. James----------------------------------------------------------UP -------------------------------------------- Watonwan

St. Paul1 ------------------------------------------------------ BNSF/UP ------------------------------------------- Ramsey

Tenney ------------------------------------------------------------CP----------------------------------------------- Traverse

Ulen -------------------------------------------------------------BNSF --------------------------------------------------Clay

Walnut Grove ---------------------------------------------------CP---------------------------------------------- Redwood

Warren ------------------------------------------------------------CP----------------------------------------------- Marshall

Welcome ---------------------------------------------------------UP ------------------------------------------------- Martin

1 – The grain elevators in these cities meet the MN DOR definition of a shuttle elevator but not the railroad’s

2 – The grain elevators in these cities meet the railroad’s definition of a shuttle elevator but not MN DOR’s

3 – The grain elevator in Duluth is for exporting only while the grain elevator in Marshall is for a grain processor

Page 16: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

05/12 Section B page 1

WOOD CRIB GRAIN ELEVATOR Wood Crib Elevator w/Wood Crib Annex

The above is an example of a metal clad wood crib elevator. When estimating the replacement cost of an elevator with annex, combine the total bushel capacity of the elevator and annex only. Use the bushel capacity as indicated by government license posted in the driveway or scale room. The office, scale room and driveway are not included in the cost per bushel and should be priced separately.

Elevator Cost Annex Annex

Bushel Per Bushel Cost Per

Capacity Bushel Capacity Bushel

20,000 $5.65 50,000 $2.65

30,000 5.20 75,000 2.40

40,000 4.75 100,000 2.20

50,000 4.30 150,000 2.05

75,000 3.95 200,000 1.90

100,000 3.40 500,000 1.60

150,000 3.05

200,000 2.65

500,000 2.25

Notes

If there is no headhouse, deduct $.30 per bushel.

Use $10 to $20 per square foot for driveways.

Office and scale room costs range from $30 to $35 per square foot if no basement. If a basement is included, add approximately $10 to above costs.

For detached offices use an alternate rate per square foot such as Marshall Swift Valuation Service (Section 15).

Wood frame holding bins above driveway, use $2.00 per cubic foot.

For rail siding costs, see section J-1.

a. Elevator

b. Annex

c. Annex

d. Elevator a b c

d

Page 17: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

01/09 Section B page 2

PRICING EXAMPLE

Estimating replacement cost new of wood crib elevator and annex elevator pictured on page 1 of

Section B.

Remember to combine the total bushel capacity when selecting the cost per bushel for the

elevator and annex only.

a. Elevator: 50,000 bushels

b. Annex: 40,000 bushels

c. Annex: 110,000 bushels

d. Elevator: 68,000 bushels

Total Bushel Capacity 268,000 bushels

a. 50,000 x $2.65 = $ 132,500

b. 40,000 x $1.90 = $ 76,000

c. 110,000 x $1.90 = $ 209,000

d. 68,000 x $2.65 = $ 180,200

RCN of elevator & annex: $597,700

NOTES

Value grain bins as per grain bin schedule. Do not include in your per bushel capacity for elevator annex.

Page 18: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

01/09 Section B page 3

CONCRETE GRAIN ELEVATORS Concrete grain elevator w/concrete annex

The above is an example of a concrete elevator with headhouse and annex. When estimating the replacement cost of an elevator with annex, combine the total bushel capacity of the elevator and annex only. Use the bushel capacity as indicated by government license posted in the driveway or scale room. The office, scale room and driveway are not included in the cost per bushel and should be priced separately. Elevator Annex With Clustered With Clustered Hopper Bottom Hopper Bottom Silos And Cost Silos And Cost Intersticing Per Intersticing Per

Bushel Capacity Bushel Bushel Capacity Bushel

50,000 $7.20 50,000 $4.10

75,000 6.65 75,000 3.70 100,000 6.35 100,000 3.60

150,000 5.60 150,000 3.35 200,000 5.15 200,000 3.15

250,000 4.75 250,000 3.00 300,000 4.55 300,000 2.90

400,000 4.35 400,000 2.75 500,000 4.20 500,000 2.60

600,000 3.95 600,000 2.55 700,000 3.80 700,000 2.40

800,000 3.70 800,000 2.35 900,000 3.60 900,000 2.25

1,000,000 3.50 1,000,000 2.15

2,000,000 3.00 2,000,000 1.85

NOTES

When assessing older concrete elevators with headhouses, check to determine if the headhouse is being used to protect non weather-proof legs, motors, machinery, and equipment. If the headhouse is no longer necessary due to modernization with all weather-proof machinery and equipment, make the proper functional obsolescence adjustment to reflect this.

a. Elevator w/intersticing

b. Headhouse

c. Annex

b

a

c

Page 19: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

01/09 Section B page 4

CONCRETE GRAIN ELEVATORS Concrete grain elevator (no headhouse)

The above is an example of a concrete elevator with intersticing and annex but no headhouse. (Note the exposed leg system.)

Elevator With Elevator With Clustered Clustered Annex With Annex With Hopper Bottom Flat Bottom Clustered Individual Silos And Silos And Flat Bottom Flat Bottom Bushel Intersticing Intersticing Silos Silos Capacity Cost Per Bu. Cost Per Bu. Cost Per Bu. Cost Per Bu. 50,000 $5.85 $5.45 $2.95 $2.75

75,000 5.40 5.05 2.75 2.55 100,000 5.15 4.80 2.55 2.40

150,000 4.60 4.30 2.45 2.30 200,000 4.20 3.95 2.30 2.15

250,000 3.90 3.65 2.20 2.05 300,000 3.70 3.50 2.10 1.95

400,000 3.55 3.30 2.05 1.90 500,000 3.45 3.25 1.95 1.80

600,000 3.30 3.10 1.80 1.70

700,000 3.15 2.95 1.75 1.65 800,000 3.05 2.85 1.70 1.60

900,000 3.00 2.80 1.65 1.55 1,000,000 2.90 2.70 1.60 1.50

2,000,000 2.50 2.30 1.40 1.30

NOTES Concrete office without basement use $35 per square foot; with a basement use $40 per square foot. For detached

offices use an alternate rate per square foot such as Marshall Swift Valuation Service (Section 15).

Use $30-$40 per square foot for driveway area.

Use $1.50 to $2 per cubic foot for vertical and/or horizontal housing for conveyor systems located outside the headhouse.

For rail siding residual, refer to section J-1.

Consider clusters of 3 or 4 silos which share common walls which form only 1 interstice as being annex without

intersticing.

Page 20: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

01/09 Section B page 5

STEEL GRAIN COMPLEX

a. Costs for bolted and welded steel bins per bushel capacity:

100,000 - $1.30 per bushel

250,000 - $1.25 per bushel

500,000 - $1.20 per bushel

1,000,000 - $1.15 per bushel

b. Office

Office and scale room without basement use $40 to $50 per square foot; with a basement

use $50 to $60 per square foot.

For detached offices use an alternate rate per square foot such as Marshall Swift

Valuation Service (Section 15).

c. Use $30 - $40 per square foot for driveway area.

NOTES

Suggested economic life of a bolted or welded steel bin with concrete floor is 40 years.

Square shape metal bins use $10.00 per bushel.

(Above driveway supported

by elevator steel structure.)

e. Metal holding bin

c. Driveway

a. Welded steel bin

b. Office

d. Load-out Tank (such as Bulk-O-Matic Tank)

a a d e

c

b

Page 21: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

01/09 Section C page 1

STEEL HOPPER BINS

Size Capacity Price Size Capacity Price

Sidewall Bolted Welded Sidewall Bolted Welded

DIA x Height BU. Tons Steel Steel DIA x Height BU. Tons Steel Steel

6' x 3' 100 2.5 $1,440 --- 15' x 11' 2,715 67.9 $12,400 $14,880

6' x 5' 178 4.5 1,660 $2,990 15' x 13' 3,255 81.4 13,930 16,720

6' x 8' 250 6.3 1,780 3,440 15' x 16' 3,790 94.8 14,530 17,440

6' x 10' 298 7.5 --- 3,800 15' x 19' 4,330 108.3 15,350 18,420

6' x 11' 322 8.1 1,950 --- 15' x 21' 4,870 121.8 16,030 19,240

6' x 12' 346 8.7 --- 3,960 15' x 24' 5,410 135.3 16,890 20,270

7' x 3' 140 3.5 1,750 --- 15' x 27' 5,945 148.6 17,830 21,390

7' x 5' 220 5.5 1,980 --- 15' x 29' 6,485 162.1 18,840 ---

7' x 8' 300 7.5 2,230 --- 15' x 32' 7,025 175.6 19,870 ---

7' x 11' 380 9.5 2,460 --- 15' x 35' 7,560 189.0 21,380 ---

7' x 13' 465 11.6 2,900 --- 16' x 10' 2,410 60.3 --- 13,860

7' x 16' 550 13.8 3,140 --- 16' x 12' 2,751 68.8 --- 14,370

8' x 5' 351 8.8 --- 4,020 16' x 15' 3,254 81.4 --- 16,030

8' x 8' 479 12.0 --- 4,610 16' x 17' 3,607 90.2 --- 16,850

8' x 10' 564 14.1 --- 5,000 16' x 20' 4,119 103.0 --- 18,110

8' x 12' 765 19.0 --- 5,260 16' x 25' 4,973 124.3 --- 20,820

9' x 5' 390 9.8 2,780 --- 16' x 30' 5,828 145.7 --- 24,090

9' x 8' 629 15.7 3,110 5,020 18' x 11' 4,080 102.0 17,370 ---

9' x 10' 737 18.4 --- 5,540 18' x 13' 4,860 121.5 18,200 ---

9' x 11' 791 19.8 3,420 --- 18' x 16' 5,635 140.9 19,070 ---

9' x 12' 845 21.1 --- 6,030 18' x 19' 6,415 160.4 19,910 ---

9' x 13' 899 22.5 3,810 --- 18' x 21' 7,190 179.8 20,700 ---

9' x 15' 953 23.8 --- 6,520 18' x 24' 7,970 199.3 21,770 ---

9' x 16' 1,007 25.2 4,410 --- 18' x 27' 8,754 218.8 22,870 ---

10' x 10' 938 23.5 --- 6,430 18' x 29' 9,525 238.1 24,100 ---

10' x 12' 1,025 25.6 --- 7,120 18' x 32' 10,305 257.6 25,800 ---

10' x 15' 1,271 31.8 --- 7,880 18' x 35' 11,180 279.5 27,680 ---

12' x 5' 776 19.4 5,970 7,200 18' x 37' 11,860 296.5 29,550 ---

12' x 8' 1,064 26.6 6,450 7,800 21' x 11' 5,695 142.4 21,230 ---

12' x 10' 1,256 31.4 --- 8,260 21' x 13' 6,755 168.9 22,140 ---

12' x 11' 1,352 33.8 7,080 --- 21' x 16' 7,810 195.3 22,980 ---

12' x 12' 1,448 36.2 --- 8,710 21' x 19' 8,870 221.8 24,000 ---

12' x 13' 1,540 38.5 8,090 --- 21' x 21' 9,930 248.3 24,930 ---

12' x 15' 1,737 43.4 --- 9,740 21' x 24' 10,985 274.6 26,100 ---

12' x 16' 1,830 45.8 8,740 --- 21' x 27' 12,045 301.1 27,630 ---

12' x 17' 1,930 48.3 --- 10,470 21' x 29' 13,105 327.6 28,930 ---

12' x 19' 2,120 53.0 9,500 --- 21' x 32' 14,165 354.1 30,850 ---

12' x 20' 2,218 55.5 --- 11,310 21' x 35' 15,220 380.5 33,000 ---

12' x 25' 2,699 67.5 --- 13,180 21' x 37' 16,280 407.0 35,120 ---

13.5' x 10' 1,637 40.9 --- 10,570 24' x 11' 7,785 194.6 25,960 ---

13.5' x 12' 1,881 47.0 --- 11,340 24' x 13' 9,165 229.1 27,040 ---

13.5' x 15' 2,246 56.2 --- 12,340 24' x 16' 10,545 263.6 28,100 ---

13.5' x 17' 2,489 62.2 --- 13,620 24' x 19' 11,930 298.3 29,290 ---

13.5' x 20' 2,854 71.4 --- 14,540 24' x 21' 13,310 332.8 30,530 ---

13.5' x 25' 3,462 86.6 --- 15,870 24' x 24' 14,695 367.4 32,400 ---

13.5' x 28' 3,872 96.8 --- 16,970 24' x 27' 16,075 401.9 33,660 ---

13.5' x 30' 4,071 101.8 --- 17,820 24' x 29' 17,455 436.4 35,750 ---

15' x 5' 1,340 33.5 9,440 --- 24' x 32' 18,840 471.0 38,100 ---

15' x 8' 1,735 43.4 10,100 --- 24' x 35' 20,220 505.5 40,430 ---

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01/09 Section C page 2

STEEL HOPPER BINS (cont.)

Size Capacity Price

Sidewall Bolted Welded

DIA x Height BU. Tons Steel Steel

24' x 37' 21,600 540.0 $42,750 ---

27' x 11' 9,890 247.3 37,440 ---

27' x 13' 11,640 291.0 38,760 ---

27' x 16' 13,390 334.8 40,170 ---

27' x 19' 15,140 378.5 41,770 ---

27' x 21' 16,895 422.4 43,270 ---

27' x 24' 18,645 466.1 45,470 ---

27' x 27' 20,395 509.9 47,660 ---

27' x 29' 22,145 553.6 49,770 ---

27' x 32' 23,895 597.4 52,840 ---

27' x 35' 25,650 641.3 54,950 ---

27' x 37' 27,400 685.0 58,750 ---

30' x 11' 12,615 315.4 44,750 ---

30' x 13' 14,775 369.4 46,340 ---

30' x 16' 16,940 423.5 47,930 ---

30' x 19' 19,105 477.6 49,690 ---

30' x 21' 21,270 531.8 52,160 ---

30' x 24' 23,435 585.9 53,800 ---

30' x 27' 25,595 639.9 56,370 ---

30' x 29' 27,760 694.0 59,940 ---

30' x 32' 29,925 748.1 62,750 ---

30' x 35' 32,090 802.3 66,650 ---

30' x 37' 34,255 856.4 70,120 --- Note: These are typical prices constructed by contractor, complete with steel supports, concrete piers or pads, roof, manway and ladder. Center draw. Price, bushel, and ton capacities may differ by 20% due to different degree of slope to the hopper bottoms.

NOTE: Sidewall height used in this Schedule is the length of the vertical portion of the tank. It doesn't include the cone portion.

Suggested economic life of hopper bins is 30 years.

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01/09 Section C page 3

CORRUGATED STEEL GRAIN BINS Costs as provided include foundation, concrete floor, ladders, aerators, safety cage, roof rails and vents.

DIAMETER Storage Storage Storage Storage Storage Storage Storage

Height 15' 18' 21' 24' 27' 30' 33'

10' $3,900 $5,100 $6,500 $7,600 $9,300 $11,000 $12,900

12' 4,700 6,100 7,800 9,200 11,000 13,000 15,100

15' 5,900 7,600 9,800 11,500 13,600 16,000 18,500

17' 6,700 8,600 11,100 13,000 15,300 18,000 20,800

20' 7,900 10,200 13,100 15,300 17,900 21,000 24,100

22' 8,600 11,200 14,400 16,800 19,600 23,000 26,400

25' 9,800 12,700 16,400 19,100 22,200 26,100 29,700

27' 10,600 13,700 17,700 20,600 23,900 28,100 32,000

30' 11,800 15,300 19,600 22,900 26,500 31,100 35,300

32' 12,600 16,300 20,900 24,400 28,200 33,100 37,600

35' 13,700 17,800 22,900 26,700 30,800 36,100 40,900

37' 14,500 18,800 24,200 28,200 32,600 38,100 43,200

40' 15,700 20,300 26,200 30,500 35,100 41,100 46,500

42' 21,400 27,500 32,100 36,900 43,100 48,800

45' 22,900 29,400 34,300 39,500 46,200 52,200

47' 23,900 30,700 35,900 41,200 48,200 54,400

50' 32,700 38,200 43,800 51,200 57,800

52' 34,000 39,700 45,500 53,200 60,000

55' 36,000 42,000 48,100 56,200 63,400

Add for each additional

1' in height 400 500 650 750 850 1,000 1,100

Perforated Floor

900 1,200 1,700 2,200 2,800 3,400 4,200

NOTES

Commercial bins differ from agricultural bins by having heavier steel and/or stiffeners. Use 80% of above cost for agricultural bins.

Suggested economic life for corrugated steel grain bins is 30 years.

Suggested residual for small bins (3,200 to 4,400 bushel capacity) on concrete floors is $.25 per bushel; small bins on metal

floor with gravel and concrete blocks is $.20 per bushel.

Bins with no permanently installed mechanized loading allow 10% functional obsolescence; bins with no permanently

installed mechanized loading or unloading allow 20% functional obsolescence.

These are average prices constructed by contractor, complete with foundation, ladder, load-out door and top cap. For dryer

bins add cost of perforated floor.

These prices may vary as much as 20% due to quality, manufacturer and whether purchased in large quantities or off season.

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01/09 Section C page 4

CORRUGATED STEEL GRAIN BINS (cont.) Costs as provided include foundation, concrete floor, ladders, aerators, safety cage, roof rails and vents.

DIAMETER

Storage Storage Storage Storage Storage Storage Storage Height 36' 39' 42' 48' 54' 60' 66'

21' $30,200 $34,100 $37,500 $47,000 $63,700 $80,300 $91,100

22' 31,500 35,500 39,200 49,000 66,200 83,400 94,900

24' 34,100 38,300 42,500 53,000 71,300 89,400 102,300

26' 36,600 41,100 45,900 57,000 76,400 95,500 109,700

29' 40,300 45,400 51,000 63,200 84,000 104,600 120,900

32' 44,200 49,600 56,000 69,300 91,600 113,800 132,100

35' 47,900 53,800 60,900 75,300 99,200 122,900 143,200

37' 50,500 56,600 64,300 79,400 104,300 129,000 150,700

40' 54,300 60,800 69,400 85,600 111,900 138,100 161,800

42' 56,900 63,600 72,700 89,600 117,000 144,300 169,300

45' 60,600 67,900 77,800 95,600 124,600 153,500 180,400

48' 64,500 72,100 82,800 101,700 132,200 162,600 191,600

50' 67,000 74,900 86,200 105,700 137,300 168,600 199,000

53' 70,800 79,100 91,100 111,900 144,900 177,800 210,000

55' 73,300 81,800 94,600 115,900 149,900 183,800 217,500

58' 77,200 86,000 99,500 122,000 157,600 193,000 228,600

63' 83,400 93,200 107,900 132,100 170,200 208,200 247,200

66' 87,300 97,300 113,000 138,300 177,900 217,300 258,400

70' 92,400 102,900 119,700 146,300 188,000 229,600 273,300

74' 126,300 154,400 198,100 241,600 288,100

77' 131,400 160,600 205,800 250,800 299,300

81' 138,100 168,600 215,900 263,000 314,200

Add for each addition

1' in height

1,250 1,400 1,650 2,050 2,550 3,050 3,700

Perforated Floor

5,000 5,700 6,700 8,500 10,770 13,200 16,000

NOTES

Commercial bins differ from agricultural bins by having heavier steel and/or stiffeners. Use 80% of above cost for

agricultural bins.

Suggested economic life for corrugated steel grain bins is 30 years.

Suggested residual for small bins (3,200 to 4,400 bushel capacity) on concrete floors is $.25 per bushel; small bins on metal

floor with gravel and concrete blocks is $.20 per bushel.

Bins with no permanently installed mechanized loading allow 10% functional obsolescence; bins with no permanently

installed mechanized loading or unloading allow 20% functional obsolescence.

These are average prices constructed by contractor, complete with foundation, ladder, load-out door and top cap. For dryer

bins add cost of perforated floor.

These prices may vary as much as 20% due to quality, manufacturer and whether purchased in large quantities or off season.

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01/09 Section C page 5

CORRUGATED STEEL GRAIN BINS (cont.) Costs as provided include foundation, concrete floor, ladders, aerators, safety cage, roof rails and vents.

DIAMETER

Storage Storage Storage Storage Storage Storage Storage Height 72' 75' 78' 84' 90' 96' 105'

26' ― ― ― ― ― ― ―

29' ― ― ― ― ― ― ―

32' $153,800 $165,200 $177,600 $203,700 $232,500 $264,100 $315,700

35' 167,200 180,000 193,600 222,100 253,400 287,500 343,000

37' 176,200 189,900 204,100 234,400 267,400 303,000 361,200

40' 189,900 204,800 220,100 252,700 288,100 326,400 388,400

42' 198,900 214,500 230,800 265,100 302,100 341,900 406,600

45' 212,400 229,400 246,800 283,300 323,000 365,300 433,700

48' 225,800 244,100 262,700 301,800 343,900 388,700 461,000

50' 234,800 254,000 273,300 314,000 357,900 404,200 479,100

53' 248,500 268,800 289,200 332,500 378,700 427,600 506,400

55' 257,500 278,700 299,900 344,700 392,600 443,300 524,500

58' 270,900 293,400 315,700 363,000 413,500 466,600 551,800

63' 293,600 318,100 342,400 393,700 448,300 505,600 597,200

66' 307,100 332,900 358,400 412,100 469,200 528,900 624,300

70' 325,000 352,600 379,600 436,600 497,100 560,000 660,800

74' 343,000 372,300 400,800 461,100 525,000 591,200 697,000

77' 356,700 387,200 416,800 479,600 545,800 614,600 724,300

81' 374,600 406,900 438,000 504,100 573,700 645,700 760,600

84' 388,100 421,750 453,900 522,550 594,550 669,100 787,900

87’ 401,600 436,600 469,800 541,000 615,400 692,500 815,200

90' 415,100 451,450 485,700 559,450 636,250 715,900 842,500

Add for each addition

1' in height

4,500 4,950 5,300 6,150 6,950 7,800 9,100

Perforated Floor

18,900 20,500 22,200 25,700 29,600 33,600 40,300

NOTES

Commercial bins differ from agricultural bins by having heavier steel and/or stiffeners. Use 80% of above cost for

agricultural bins.

Suggested economic life for corrugated steel grain bins is 30 years.

Suggested residual for small bins (3,200 to 4,400 bushel capacity) on concrete floors is $.25 per bushel; small bins on metal

floor with gravel and concrete blocks is $.20 per bushel.

Bins with no permanently installed mechanized loading allow 10% functional obsolescence; bins with no permanently

installed mechanized loading or unloading allow 20% functional obsolescence.

These are average prices constructed by contractor, complete with foundation, ladder, load-out door and top cap. For dryer

bins add cost of perforated floor.

These prices may vary as much as 20% due to quality, manufacturer and whether purchased in large quantities or off season.

Page 26: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

01/09 Section C page 6

CORRUGATED STEEL GRAIN BINS (cont.) Costs as provided include foundation, concrete floor, ladders, aerators, safety cage, roof rails and vents.

DIAMETER

Storage Storage Storage

Height 114’ 123’ 131'

26' ― ― ―

29' ― ― ―

32' ― ― ―

35' ― ― ―

37' ― ― ―

40' $437,300 $492,300 $554,300

42' 457,800 515,400 580,300

45' 488,300 549,800 619,000

48' 519,000 584,300 657,900

50' 539,400 607,300 683,700

53' 570,100 641,900 722,700

55' 590,500 664,800 748,500

58' 621,300 699,500 787,600

63' 672,400 757,000 852,300

66' 702,900 791,400 891,000

70' 744,000 837,700 943,100

74' 784,700 883,500 994,700

77' 815,500 918,200 1,033,800

81' 856,300 964,100 1,085,500

84' 887,100 998,800 1,124,500

87’ 917,800 1,033,300 1,163,400

90' 948,600 1,068,000 1,202,400

Add for each addition

1' in height

10,200 11,500 12,900

Perforated Floor

47,000 53,700 60,400

Page 27: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

05/12 Section D page 1

FEED MILL (Wood Construction)

NOTES

Use $1.90 per cubic foot for wood frame construction. Use $3.80 per cubic foot for wood cribbed construction.

Use $25 to $30 per square foot for office and scale room without basement; use $30 to $40 per square foot with basement. For detached offices use an alternate rate per square foot such as Marshall Swift Valuation Service (Section 15). Use $10 to $20 per square foot for driveway area.

Warehouse costs provided below include concrete or wood floor. Refer to Marshall Swift Valuation Service (Section 14) or other valuation service for warehouse rates per square foot. Clusters of metal bins which vary in capacities of 8 to 60 tons each and supported by steel framework located above driveways and mixing areas used for storage of grain and feed concentrates use $360.00 per

ton or $10.00 per bushel. Refer to page A-2 for suggested physical depreciation guide. * Due to changes in the livestock industry, there may be changes in the volume (tonnage) processed at feed mills. Verify changes in volume (tonnage) over 3-5 years to recognize any obsolescence.

e. Load-out Tank (such as Bulk-O-Matic Tank)

a. Wood frame

b. Wood cribbed

c. Driveway

d. Warehouse

a

b

c c e

Page 28: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

01/09 Section D page 2

FEED MILL (Concrete and Steel Construction)

a. Mill (concrete)

b. Driveway (steel)

c. Office (steel)

d. Warehouse (steel)

a

b c d

Page 29: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

05/12 Section D page 3

FEED MILL (Concrete and Steel Construction) (cont.)

Concrete Slip Form Feed Mills are priced on a cubic foot basis (width x length x height) for the entire structure

(above and below grade level).

NOTES

Concrete Feed Mill cubic foot capacity Cost per cubic foot *Under 90,000 $5.45

Over 350,000 $3.25

Steel feed mills (not shown) are priced on a per cubic foot basis at $4.00.

Warehouses are priced on a per square foot basis based on quality of construction. Costs include a concrete floor.

Refer to Marshall Swift Valuation Service (section 14) or other valuation services for warehouse rates per square foot.

Dock height floors use $10.00 per square foot.

Office and scale room without basement use $40 to $50 per square foot; with basement use $50 to $60 per square

foot.

For detached offices use an alternate rate per square foot such as Marshall Swift Valuation Service (Section 15).

Use $30 -$40 per square foot for driveway area.

Clusters of metal bins which vary in capacities of 8 to 60 tons each and supported by steel framework located above driveways and mixing areas used for storage of grain and feed concentrates use $360.00 per ton or $10.00 per

bushel.

*Concrete feed mills generally fall into two categories, older mills with 90,000 cubic feet or less capacity and newer

feed mills with a capacity of 350,000 cubic feet or more. If you should encounter a feed mill that falls between

these two increments, we recommend you consider the age and the size and interpolate accordingly.

Refer to page A-2 for suggested physical depreciation guide.

*Due to changes in the livestock industry, there may be changes in the volume (tonnage) processed at the feed mills.

Verify changes in volume (tonnage) over 3-5 years to recognize any obsolescence.

Page 30: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

02/08 Section E page 1

Dry Mill Process

The feedstock (corn) is passed through two hammer mills, which pulverizes into fine particles, called flour/meal.

In the Slurry, the flour/meal is mixed with water and the first of two enzyme doses in the cook process. The Alpha-amylase enzyme helps keep the mash in a liquid form for pump ability purposes at this point. The now called “mash” is transferred from the slurry through the hydro-heater at 225 degree F. then into two more cook tanks, from there into liquefaction. This is where the second dose of Alpha-amylase is

added to the mash. This mixture then has a hold time of approximately 2 ½ hours at 185 degrees F. What this time allows for is the initial break down of the flour/meal into what are called dextrin’s (short chains of glucose molecules).

The mash from the liquefaction tanks is then cooled, and a second enzyme called gluco-amylase is added. This enzyme breaks down the starches in the mash into simpler molecules of sugars. The type of sugar created from this process is called dextrose/glucose.

Yeast is now added to the mash to ferment the sugars. Fermentation breaks down the sugar molecules into ethanol, a liquid, and carbon dioxide, a gas.

Granite Falls Energy utilizes batch fermentation. This is where the mash stays in one fermentation tank for approximately 2 – 2 ½ days to allow for complete fermentation. When the fermentation process is complete, the “mash” is now referred to as “beer.” It is stored in a beer well before transfer to the next stage.

The beer is between 10% and 15% alcohol by volume, and is not completely liquid. It also contains all the solids from the original feedstock (corn) and recycled process water. It is pumped from the beer well

into a three-column distillation system, which removes the alcohol from the beer by distillation. Basically, distillation utilizes the differences in the evaporating points of ethanol and water. Alcohol has a boiling, or evaporation, point of 178.4 degrees F, so as long as the temperature of the columns ranges above that temperature and below 212 degrees F, the boiling point of water, alcohol in a gaseous form will rise to the top of the distillation column, where the gas is cooled to below 178 degrees F. This causes the gas to condense back to liquid form, and contains a much higher percentage of ethanol than the original beer. This liquid condensate is then passed to the next distillation column in the series, where the

process is repeated. By the time the product reaches the final distillation column it is 95% ethanol or 190 proof.

The 190 proof alcohol is then passed through a molecular sieve, which removes remaining water that was not eliminated in distillation. Following dehydration, the alcohol is 200 proof.

The Tax & Trade Bureau (TTB), requires any alcohol used for fuel to be denatured, or un-drinkable. To render the ethanol unfit for human consumption, 2-5% gasoline is added to the ethanol.

The residue from distillation, called whole-stillage, is pumped from the bottom of the first distillation column in the series, to the co-product processing area.

The whole-stillage (the solids that remain after distillation) is sent through a centrifuge to remove excess liquid. This works much like the spin-cycle of your washing machine. The liquid that is separated out is recycled back into the process to be used again in the process as either syrup (after running it through the evaporator system) or cook water. The remaining solids are referred to as “distillers grains”. Wet distillers grains (WDG) are transferred directly from the centrifuge to a wet cake pad, where they are transferred primarily to local feedlots and dairies for use as a cattle ration. While the shelf life of this

product is rather limited, several companies are marketing preservatives proven to significantly extend the product.

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02/08 Section E page 2

Dry Mill Process (cont)

Another alternative Granite Falls Energy utilizes is to route the wet distiller’s grains and syrup through a dryer to remove most of the moisture. This dried product is appropriately called “dried distillers grains w/solubles” or DDGS, and is a high protein feed ingredient for cattle, swine, poultry, fish and has been researched for human consumption. It has a significantly longer shelf life the WDG.

Dry Mill Plants

Products: Oxygenated Fuel - (Ethanol)

Distillers Dried Grain - (animal feed)

Carbon Dioxide

Page 32: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

02/08 Section E page 3

Dry Mill Plant Layout

Page 33: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

Dry Mill Plant Layout

02/08 Section E page 4

Page 34: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

05/12 Section E page 5

ETHANOL PLANTS

Ethanol plants will have a variety of buildings, etc. such as:

Distillers Dryed Building Distiller Dryed Ethanol Building

Thermal Oxidizer Building Dryer Building

Darrozin Dryer Building Concrete Bins

Stainless Steel Beer wells w/ concrete base Steel Bins

CO2 Tanks

Note: The Ethanol Plant valuation spreadsheet is available on the

MAAO website, posted on the Agricultural Committee page.

Page 35: GRAIN ELEVATOR COST SCHEDULE · Grain Elevator Cost Schedule Revised - January, 2009/May, 2012 Created - December, 2004 Prepared by the MAAO Agricultural Committee

02/08 Section E page 6

Dry Mill Structures Descriptions

Administration Building: This building will have brick and or siding on the exterior. In many

of the newer facilities, there is a scale outside the building and the corn is weighed and also

tested here prior to moving on to the grain receiving facility. If the corn is not of a certain

quality, it is refused

Grain Receiving: This building will be a steel sided building anywhere from 100’ to 165’ long

by 65’ wide; and 32’ to 40’ tall. There will be two truck bays and one rail bay. There will be a

basement under the grain receiving building. The concrete will be poured and up to 16” thick.

There will also be concrete tunnels housing the equipment that moves the grain to the silos.

Silos: There are typically two 200,000-bushel silos of poured concrete. They will each have a

15,000 bushel per hour leg. There is an equipment web located between the silos.

Scalping Bin & Grinder Bin: The corn is passed through two hammer mills that pulverize it

into fine particles.

Main Processing Building: Structural steel frame building housing numerous tanks, pumps and

heat exchangers as well as the control room and laboratory. Be sure you note the finished area

of the laboratory, control room, lunchroom, offices etc. Also watch for mezzanine areas.

Liquefaction Tanks: Stainless steel tanks. From the liquefaction tanks the sterilized mash is

pumped into the fermentation tanks.

Fermentation Tanks: Stainless Steel Tanks. Fermentation is a batch process where yeast is

added to the slurry and the product begins to ferment. After fermenting for about 48 hours, the

tank is emptied into the beer well where the mash begins to vaporize and forms alcohol.

Beer Well: Stainless Steel Tanks. After the batch fermentation is complete, beer is pumped to

the beer well and then to the distillation columns. When the distillation is complete, the 190

proof alcohol is passed through a molecular sieve.

Denature Tank: Carbon Steel Tank. Any alcohol used for fuel needs to be de-natured, or

undrinkable. 2-5% gasoline is added to the ethanol. (Located on tank farm.)

Energy Center & Wet Cake Storage: Structural steel building housing both the DDGS dryer

and the Thermal Oxidizer. The residue corn mash, called whole-stillage is pumped into one of

several decanter type centrifuges for dewatering. There are 5 stainless steel tanks located outside

the energy center; the stillage and syrup tanks that are exempt. The remaining solids are referred

to as distillers grains. Wet distillers grains, WDG, are transferred directly from the centrifuge to

a wet cake pad, where they are primarily transferred to local feedlots. Syrup is added to the wet

cake as it enters the dryer, where moisture is removed. The end result is dried distillers grains

with solubles, or DDGS. The wet cake pad is located directly beside the Energy Center

Thermal Oxidizer Stack: This structure will be approximately 125 tall. This is an emissions

device to satisfy the EPA

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01/09 Section E page 7

Dry Mill Structures Descriptions (cont.)

Dried Distillers Grain Solubles Storage: Steel siding building for storing DDGS. After

leaving the Energy Center the DDGS are conveyed to the DDGS storage building. The structure

will also have a receiving gate or a drive for loading DDGS.

Cooling Tower: Four-cell draft cooling tower. Fiberglass with treated lumber

Water Storage Tower: Stainless Steel tank

Water Treatment Building: Concrete Block and Steel construction.

Anhydrous Tank

Rail spur: Need the linear footage of the rail spur and the weight of the rail.

Tank Farm: Carbon Steel with floating roofs.

WET MILL PLANTS

Wet Mill Plants

Products: Oxygenated Fuel - (Ethanol)

Corn Oil

Corn Syrup

High Fructose Corn Syrup

Drinking Grade Alcohol

Distillers Dried Grain - (Animal Feed)

Carbon Dioxide

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02/08 Section E page 8

SOYBEAN PROCESSING / BIODIESEL FACILITIES

Products: Soybean Oil

Soybean hull and soybean meal feed products

Bio diesel fuel additive

Bean facilities will have a variety of buildings and storage units such as crushing, processing,

hexane storage tanks, underground hexane vapor containment storage tanks, metal and concrete

bins.

For building cost use most recent version Marshall Swift Valuation Service (Section 14)

industrial, heavy process manufacturing class S for rates per square foot for base cost. Use story

multiplier, height multiplier and perimeter multiplier also from Section 14.

Use cost multiplier and local multiplier from Section 99.

For Concrete Storage Bins use elevator schedule.

For Steel Storage Bins use elevator schedule.

For detached office use an alternate rate per square foot such as Marshall Swift Valuation

Service (Section 15).

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12/04 Section F page 1

Welded carbon Steel tanks___________________________________

Carbon steel tanks With floating roofs Stainless Steel tanks

Per gallon Per gallon Per gallon

Gallon Capacity

10,000 $3.50

20,000 3.05

30,000 2.68

40,000 2.40

50,000 2.30 $2.85 $4.60

60,000 2.20

80,000 2.00

100,000 1.80 2.25 3.20

200,000 1.05 1.31 2.89

300,000 .85 1.06 2.55

400,000 .75 .94 2.38

500,000 .70 .88 2.10

600,000 .65 .81 1.95

750,000 .50 .63 1.50

1,000,000 .45 .59 1.35

2,000,000 .33 .43 1.00

3,000,000 .30 .40

4,000,000 .28 .38

5,000,000 .25 .34

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05/12 Section G page 1

GRAIN STORAGE BUILDINGS Since there are such a wide variety and sizes of storage buildings, please refer to the most recent

version of Marshall Swift Valuation Service Manual.

These buildings may have permanent grain liners installed or temporary portable wood bulk

heads. Refer to Bulk Head / Bunker / Grain Liners cost schedule for cost.

FLAT STORAGE BUILDINGS:

The recent trend, is building multiuse flat grain storage buildings, these structures have concrete and steel

sidewalls, steel roof structure with vertical supports, with steel or fabric roofs. These structures will usually

have distribution systems for loading and may have a reclaim system for unloading.

Refer to most recent version Marshall Swift Valuation Service

(Section 17) or similar valuation schedule for rates per square foot.

QUONSET BUILDINGS:

Refer to most recent version Marshall Swift Valuation Service

(Section 17) or similar valuation schedule for rates per square foot.

STEEL BUILDINGS W/STRAIGHT SIDEWALLS:

Refer to most recent version Marshall Swift Valuation Service

(Section 17) or similar valuation schedule for rates per square foot.

STEEL STRAIGHT SIDEWALL GABLE ROOF BUILDING

Refer to most recent version Marshall Swift Valuation Service

(Section 17) or similar valuation schedule for rates per square foot.

NOTES

Add $3.75 for concrete 4" pad, $5.25 for 6" pad, $6.00 for 8" pad and $3.50 for asphalt floor. Suggested economic life for grain storage buildings is 40 years.

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01/09 Section G page 2

BULK HEADS / BUNKERS / GRAIN LINERS

PORTABLE WOOD BULK HEADS (taxable if fastened to ground)

6' approx. ht. (untreated) (linear foot measurement) .........................................................13.00/LF

6' approx. ht. (treated) (linear foot measurement) .............................................................17.00/ LF

SPECIAL CORRUGATED STEEL GRAIN STORAGE RINGS

(no roof, floor or cables with anchors included in price)

60' dia. x 15' sidewall ht. 44,000 bu. ........................................................................... $17,000 cost

72' dia. x 15' sidewall ht. 66,900 bu. ............................................................................. 20,500 cost

90' dia. x 15' sidewall ht. 112,000 bu. ........................................................................... 34,000 cost

120' dia. x 15' sidewall ht. 220,000 bu. ......................................................................... 50,000 cost

7' High Rings (1-12 ga. & 1-14 ga.) ................................................................................ $20.00/LF

CONCRETE SIDEWALL BUNKERS

T PANELS

7/8’ wi. x 8’ ht. (linear foot measurement)…………………………………………….$87/LF

7/8’ wi. x 10’ ht. (linear foot measurement)................................................................. $162/LF

7/8’ wi. x 12’ ht. (linear foot measurement)................................................................. $192/LF

7/8’ wi. x 14’ ht. (linear foot measurement)................................................................. $217/LF 7/8’ wi. x 16’ ht. (linear foot measurement)................................................................. $242/LF

L PANELS

7/8’ wi. x 8’ ht. (linear foot measurement)..................................................................... $78/LF

7/8’ wi. x 10’ ht. (linear foot measurement)................................................................. $140/LF

7/8’ wi. x 12’ ht. (linear foot measurement)................................................................. $170/LF

7/8’ wi. x 14’ ht. (linear foot measurement)................................................................. $206/LF

7/8’ wi. x 16’ ht. (linear foot measurement)................................................................. $234/LF

Concrete Sidewall

Bunker

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01/09 Section G page 3

GRAIN LINERS

4' ht. (linear foot measurement) ...................................................................................... $17.50/LF

6' ht. (linear foot measurement) ...................................................................................... $21.10/LF

8' ht. (linear foot measurement) ...................................................................................... $28.10/LF

NOTES

Add $3.75 for concrete 4" pad, $5.25 for 6" pad, $6.00 for 8" pad and $3.50 for asphalt floor.

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05/12 Section H page 1

FERTILIZER PLANTS

THIS PAGE IS CURRENTLY UNDER REVISION

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12/04 Section I page 1

ANHYDROUS AMMONIA (NH3) /

LIQUID PROPANE (LP) PERMANENT STORAGE TANKS

NH3 Tanks

Gal. Cost New Cost / gal 1,000 - 5,000 $12,000 $2.40 / gal 12,000 26,000 2.17 / gal 15,000 33,000 2.20 / gal 18,000 42,000 2.33 / gal

30,000 63,000 2.10 / gal

LP Tanks

Gal. Cost New Cost / gal 5,000 $ 9,000 $1.80 / gal 12,000 18,500 1.54 / gal 15,000 21,000 1.40 / gal

18,000 24,000 1.34 / gal 30,000 35,000 1.16 / gal

For larger tanks use most recent version Marshall Swift Valuation Service (Section 61) - welded

steel pressure tanks - for rate per gallon.

NOTES

If no concrete base, deduct $.15 per gallon.

Suggested economic life of LP storage tanks is 20 years. However, ammonia tanks and liquid

protein tanks depreciate more rapidly. Suggested residual for these tanks is $.50 per gallon.

Reconditioned tanks - $1.00 gallon, then depreciate.

20 year life on Anhydrous Ammonia (NH3) tanks.

NH3 residual $.50 gallon

Reconditioned tanks $1.00 gallon, then depreciate.

Can use anhydrous tanks for propane storage, but cannot use propane tanks for anhydrous

ammonia storage.

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01/09 Section I page 2

STAINLESS STEEL TANKS FOR HERBICIDES

Use most recent version Marshall Swift Valuation

Service (Section 61) or similar valuation service for

rate per gallon.

POLY TANKS FOR HERBICIDES

Use most recent version Marshall Swift Valuation

Service (Section 61) or similar valuation service for

rate per gallon.

CONCRETE DIKE WALLS TO CONTAIN SPILLS OF

HERBICIDES *

Concrete Wall Height of Wall Above and Cost Per Thickness Below the Top of the Floor Lin. Ft.

6" 2' $22.00

6" 3' 33.00

6" 4' 44.00

6" 5' 55.00

6" 6' 66.00

8" 2' 26.00

8" 3' 39.00

8" 4' 42.00

8" 5' 65.00

8" 6' 78.00

Add $5.25 Per Sq. Ft. for 6" Concrete Floors

Add $6.00 Per Sq. Ft. for 8" Concrete Floors

* These amounts reflect the cost to construct herbicide containment dikes. Special consideration should be given to the life expectancy and condition when valuing containment dikes for property tax purposes.

LIFE EXPECTANCY/CONDITION

The sole function of a containment dike is to contain poisonous chemicals in the event of a spill. A cracked or nonfunctioning dike may actually be a negative asset to the land that will require removal and replacement. The life expectancy of containment dikes may vary greatly depending on the type of herbicide being contained, the quality of the original construction and even the soil type on which it is constructed. Minnesota's climate is subject to both high and low temperature extremes. These changes in temperature can and do take their toll on non-pliable materials such as concrete. Although small cracks in concrete do not result in any diminution of utility or value in the case of a garage floor or a basement wall, a cracked dike that may leak has no utility. Assessors are urged to take this limited life expectancy into account when value estimates are being determined.

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01/09 Section J page 1

RAILROAD SIDING

CCoosstt NNeeww RReessiidduuaall

9900## $$111100..0000 $$1100..0000

110000## 111155..0000 1155..0000

111155## 112255..0000 2255..0000

113300## 113300..0000 4400..0000

LLeessss tthhaann 111155## wweellddeedd rraaiill -- nnoott aabbllee ttoo aacccceepptt llaarrggee uunniitt ttrraaiinnss..

RReessiidduuaall wwiillll vvaarryy bbyy ssiizzee..

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05/12 Section K page 1

EXEMPT MACHINERY, EQUIPMENT AND STRUCTURES

The following items are exempt in Minnesota and should not be included in the cost

estimates. This list is a general guide and may not include all the items that are exempt. A

careful inspection of the property must be made in order to distinguish between the taxable

and non-taxable items.

1. Motor truck scales, railroad track scales and automatic weigh-in scales

2. Elevator legs

3. Grain dryers

4. Distribution systems

5. Aeration systems

6. Dust collecting systems

7. Conveying systems

8. Scalpers

9. Man-lifts

10. Reclaim conveyors

11. Bin temperature systems

12. Pneumatic sampling systems

13. Moisture meters

14. Computer dock scales

15. Feed grinders

16. Feed mixers

17. Fanning mills

18. Concrete dike walls and floor for fuel and chemical containment (pollution controls)

19. Chemical Buildings (only those that may qualify under PCA regulations)

20. Portable NH3 Nurse Tank (on wheels)

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02/08 Section L page 1

AAPPPPEENNDDIIXX AA -- FFIIEELLDD CCHHEECCKKLLIISSTT:: __________________________

1. Elevator a. Concrete/wood-cribbed: _____ _____ _____ _____ _____ _____

1. Slip form/jump construction _____ _____ _____ _____ _____ _____

2. Flat bottom/hopper bottom _____ _____ _____ _____ _____ _____

b. Headhouse: _____ _____ _____ _____ _____ _____

c. Bushel capacity: _____ _____ _____ _____ _____ _____

d. Intersticing: _____ _____ _____ _____ _____ _____

e. One-leg/two-leg system: _____ _____ _____ _____ _____ _____

f. Age: _____ _____ _____ _____ _____ _____

g. Condition: _____ _____ _____ _____ _____ _____

h. Loading Rate (bu/hr) _____ _____ _____ _____ _____ _____

i. Unloading Rate (bu/hr) _____ _____ _____ _____ _____ _____

2. Annex: a. Concrete/wood-cribbed: _____ _____ _____ _____ _____ _____

1. Slip form/jump form _____ _____ _____ _____ _____ _____

2. Flat bottom/hopper bottom _____ _____ _____ _____ _____ _____

b. Bushel Capacity: _____ _____ _____ _____ _____ _____

c. Intersticing: _____ _____ _____ _____ _____ _____

d. Age: _____ _____ _____ _____ _____ _____

e. Condition: _____ _____ _____ _____ _____ _____

3. Office and Scale Room: attached _____ _____ _____ _____ _____ _____

detached _____ _____ _____ _____ _____ _____

a. Size (sf) : _____ _____ _____ _____ _____ _____

b. CB/wood frame:

c. Basement: _____ _____ _____ _____ _____ _____

d. Heat: _____ _____ _____ _____ _____ _____

e. A/C: _____ _____ _____ _____ _____ _____

f. Electrical: _____ _____ _____ _____ _____ _____

g. Plumbing: _____ _____ _____ _____ _____ _____

h. Partitions: _____ _____ _____ _____ _____ _____

i. Floor cover: _____ _____ _____ _____ _____ _____

j. Ceiling: _____ _____ _____ _____ _____ _____

k. Age: _____ _____ _____ _____ _____ _____

l. Condition: _____ _____ _____ _____ _____ _____

4. Steel Grain Bins: Bin # Bin # Bin # Bin # Bin # Bin #

a. Diameter: _____ _____ _____ _____ _____ _____

b. Height: _____ _____ _____ _____ _____ _____

c. Bushel Capacity: _____ _____ _____ _____ _____ _____

d. Age: _____ _____ _____ _____ _____ _____

e. Condition: _____ _____ _____ _____ _____ _____

f. Permanent loading and/or unloading: _____ _____ _____ _____ _____ _____

g. Stem walls or double H walls: _____ _____ _____ _____ _____ _____

(Consider normal site valuation of steel bins)

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05/12 Section L page 2

AAPPPPEENNDDIIXX AA -- FFIIEELLDD CCHHEECCKKLLIISSTT ((ccoonntt..)):: __________________________

5. Fertilizer Plants: a. Size (sf): _____ _____ _____ _____ _____

b. Concrete/wood _____ _____ _____ _____ _____

c. Height of Sidewalls: _____ _____ _____ _____ _____

d. Office Area (sf): _____ _____ _____ _____ _____

attached _____ _____ _____ _____ _____

detached _____ _____ _____ _____ _____

e. Age: _____ _____ _____ _____ _____

f. Blending tower (cu.ft. of enclosed area): _____ _____ _____ _____ _____

6. Feed Mills a. Size (cubic foot) _____ _____ _____ _____ _____

b. Wood Frame/Steel/Concrete:

c. Driveway: _____ _____ _____ _____ _____

d. Office Area: _____ _____ _____ _____ _____

attached _____ _____ _____ _____ _____

detached _____ _____ _____ _____ _____

e. Warehouse: _____ _____ _____ _____ _____

f. Steel hopper bottom tanks: _____ _____ _____ _____ _____

g. Age: _____ _____ _____ _____ _____

h. Condition: _____ _____ _____ _____ _____

7. Flat Grain Storage: a. Size (sf): _____ _____ _____ _____ _____

b. lineal feet of wall: _____ _____ _____ _____ _____

c. Concrete/wood Frame: _____ _____ _____ _____ _____

d. Bushel Capacity: _____ _____ _____ _____ _____

e. Concrete Pad: _____ _____ _____ _____ _____

f. Permanent Loading/Unloading: _____ _____ _____ _____ _____

8. Miscellaneous Improvements: a. Liquid pressurized (LP) tanks: _____ _____ _____ _____ _____

1. gallon capacity: _____ _____ _____ _____ _____

2. age: _____ _____ _____ _____ _____

3. commodity: _____ _____ _____ _____ _____

b. Driveway: _____ _____ _____ _____ _____

1. area (sf) _____ _____ _____ _____ _____

c. Railroad spurs: _____ _____ _____ _____ _____

1. lineal feet: _____ _____ _____ _____ _____

2. rail strength (lbs.): _____ _____ _____ _____ _____

d. Well & Septic System: _____ _____ _____ _____ _____

9. Functional Obsolescence (See Sec. A page 3) a. Off-site storage _____ _____ _____ _____ _____

b. Other _______________________ _____ _____ _____ _____ _____

c. Other _______________________ _____ _____ _____ _____ _____

d. Other _______________________ _____ _____ _____ _____ _____

10. Economic Obsolescence (See Sec. A page 4) a. Ethanol Plants _____ _____ _____ _____ _____

b. Soy Bean Processing Plants _____ _____ _____ _____ _____

c. Shuttle Loader _____ _____ _____ _____ _____

d. Large Feed Mills _____ _____ _____ _____ _____

e. River Terminal _____ _____ _____ _____ _____

f. Rail _____ _____ _____ _____ _____

g. Other _______________________ _____ _____ _____ _____ _____

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05/12 Section L page 3

AAPPPPEENNDDIIXX BB -- GGLLOOSSSSAARRYY

1. Annex: .......................................... A storage facility used in conjunction with the elevator.

2. Bio Diesel:..................................... A facility that processes soybeans into a diesel additive.

3. Bulk Loader/Weigher: ................. Structure/equipment which contains scale, and storage garners.

It is computer controlled for regulating how much grain is to be loaded. This loader allows for origin weight.

4. Car size:........................................ Hopper cars of 268,000 pounds to 286,000 pounds.

5. Demurrage: .................................. A charge by a rail or barge company for holding onto equipment longer than a specified period of time.

6. Drying points: .............................. A percentage point; refers to the degree of moisture removed from a commodity.

7. Ethanol Plant: .............................. A facility that processes corn and other grains.

8. Gallery: ........................................ A covered walkway above the elevator bins which generally

houses conveying equipment.

9. Grain Elevator: ............................ A structure used for handling and/or storing grain. The two major types are country and terminal.

10. Headhouse: ................................... An enclosure above the storage section of a grain elevator to house the mechanical equipment necessary in a grain elevator.

11. Handling speed: ........................... Refers to the number of bushels per hour handled by the elevator legs.

12. Inland terminal: ........................... Major modes of transportation are either rail or truck. Typical handling speeds from 15,000 to 25,000 bushels per hour.

13. Intersticing: .................................. Bins located between the circular elevator and annex bins to provide additional grain storage.

14. Jump form construction: ............. A type of concrete construction completed in stages rather than a

continuous pouring process. Also known as jack form construction. Obvious five foot breaks and a rougher exterior than slip form.

15. Loading capacity: ......................... Maximum handling speed at which elevator can out-load grain. It is expressed as Bu/Hr (bushels per hour).

16. Main Line: .................................... Class 1 (see Appendix D)

17. Ocean terminals: .......................... Located on major waterways and purpose is to serve the export business. Receive grain from either unit trains or river barges. Handling speeds may range between 50,000 and 100,000 bushels per hour.

18. Origin Weight: ............................. Legal weight at which you can base the sale of grain. The latest bulk loaders used in large capacity elevators derive an origin weight during the loading of the rail car/barge/ship.

19. Processing Tower: ........................ Structure within a grain elevator complex that is used for the vertical processing/handling of grain. The exterior of the processing tower can be constructed of concrete, wood, or steel.

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05/12 Section L page 4

AAPPPPEENNDDIIXX BB -- GGLLOOSSSSAARRYY ((ccoonntt..))

20. Rail Leg: ....................................... Processing/handling structure which is dedicated to loading rail loader.

21. Rail Siding: ................................... Privately owned spur track off the main line adjacent to the facility.

22. Receiving Capacity: ..................... Maximum handling speed at which elevator can in-load grain. It is expressed as Bu/Hr (bushels per hour).

23. River terminals: ........................... Predominant mode of transportation is by barge. Receive grain typically by truck so have large truck receiving facilities. Handling speeds may range from 15,000 to

30,000 bushels per hour.

24. Short line: ..................................... Class 1 and 3 (See Appendix D)

25. Shuttle Elevator/Terminal: .......... Grain elevator facility which has the capability of out-loading

100-110 rail car trains.

26. Slip form construction: ................ A type of concrete construction that is a continuous pouring

process in which the forms are supported by the concrete poured previously.

27. Small Elevator Terminal: ............ Grain elevator facility which as the capability of outloading 20 -

26 rail car trains. May be used for incoming commodities but not outgoing grain.

28. Soybean Processing: ..................... A facility that processes soybeans into oil, feed and other by-

products.

29. Stem Wall: .................................... Foundation under a grain bin which is elevated 5 to 8 feet which

allows for a tunnel for horizontal handling of the grain.

30. Storage elevator: .......................... Use is strictly to store large quantities of grain over long periods

of time.

31. Tariff rate:.................................... A charge the grain elevator makes for performing a service such as loading, unloading, storage, cleaning and/or drying.

32. Throughput: ................................. The average between the number of bushels received and the number of bushels shipped in a given period of time.

33. Truck Elevator/Terminal: ........... Grain Elevator facility which has no out-loading of rail car trains. May have rail siding but is not being used. Usually serves as a collection point to feed shuttle train elevator/terminals. Often times these elevators are the older smaller elevators and sometimes larger elevators that have lost their rail service.

34. Unit- Train Terminal: .................. Predominant mode of transportation is by rail. Receive grain typically by truck so they have large truck receiving facilities. Typical unit trains consist of 25, 50 or 75 rail cars, and recently 100 to 110 car shuttle train loaders. Handling speeds may range from 15,000 to 25,000 bushels per hour.

35. Unit Elevator/Terminal: .............. Grain elevator facility which as the capability of out-loading 50-56 rail car trains.

36. Wood cribbed:.............................. A type of construction where dimensional lumber typically 2 x 10's, 2 x 8's, 2 x 6's, or 2 x 4's, are horizontally stacked. Usually metal clad to protect the wood from the elements.

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12/04 Section L page 5

AAPPPPEENNDDIIXX CC -- EETTHHAANNOOLL GGLLOOSSSSAARRYY

Beer: fermented mash.

Beer Well: After the fermentation is complete, beer is pumped to the beer well. This is a steel tank. It stands along side the

Main Processing Building.

Centrifuge: device that removes excess liquid.

Cooling Tower: Cools water in the process to be reused.

Condenser: A heat transfer device that reduces a fluid from its vapor phase to its liquid phase.

DDGS: Dried Distillers Grain Solubles – by product of the ethanol production.

De-nature Tank: Carbon Steel Tank. Holds the gasoline that is added to the ethanol to make it undrinkable.

Distillation: The process of separating the components of a mixture by difference in boiling point.

Energy Center Building: Steel frame building where the residue corn mash (after ethanol is extracted) is converted to DDGS

& Wet cake for livestock consumption.

Ethanol: The alcohol product of fermentation that is used in alcohol beverages and for industrial purposes.

Fermenation: is a batch process where yeast is added to the slurry, and the product begins to ferment. After fermenting for

about 48 hours, the tank is emptied into the beer well where the mash begins to vaporize and forms alcohol.

Floating Roofs: These roofs are located internally on the ethanol storage tanks. As the level increases and decreases, the roof

goes along with the product to trap the vapors in the ethanol.

Grain Receiving Building: Grain is received by truck or rail.

Grinder Bin: The grain is passed through here to pulverize it into fine particles.

Load Out Equipment: There are two load out locations. One along side the rail and one near the tank farm for the trucks.

Main Processing Building: Structure houses control room, laboratory and numerous tanks for the processing of the ethanol.

All the tanks are stainless steel and exempt. Various tanks include the slurry tank, cook tube, liquefaction, fermentation tank,

e-vaps, yeast, CIP tank, etc.

Mash: a mixture consisting of crushed grains and water.

Scalping Bin: Removes foreign material from grain before moving to the grinder bin.

Slurry: In the slurry, the flour/meal is mixed with water. This is housed in a stainless steel tank that is housed in the Main

Processing Building.

Tank Farm: Location on the plant site where the ethanol product is stored as well as the de-nature tank, rust inhibitor tank,

and 190% & 200 % storage tanks.

Thermal Oxidizer Stack: This is an emissions device for the EPA.

WDG: Wet Distillers Grain - by product of the ethanol production.

Wet Cake: The solids that exit the centrifuge.

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12/04 Section L page 6

AAPPPPEENNDDIIXX DD -- MMIINNNNEESSOOTTAA RRAAIILLRROOAADDSS AANNDD MMIILLEEAAGGEE

Mileage owned in Minnesota

Class I - Main Line Burlington Northern and Santa Fe (BNSF) ............................................................... 1,711

Canadian Pacific Railway (CPR) ............................................................................... 1,224

Union Pacific Railroad (UP)........................................................................................ 484

CN (Canadian National Railway) .............................................................................. 436

National Railroad Passenger Corp. (Amtrak) ............................................................ 0

Mileage owned in Minnesota

Class III – Short Line Minnesota Northern Railroad (MNN) ....................................................................... 204

Twin Cities & Western Railroad Co. (TCWR) ......................................................... 146

Minnesota Prairie Line Inc. (MPLI) .......................................................................... 94

Otter Tail Valley Railroad (OTVR) ........................................................................... 75

Northern Plains Railroad (NPR) ................................................................................ 44

Minnesota Southern Railroad Co. (MSWY) ............................................................. 41

St. Croix Valley Railroad (SCXY)............................................................................. 36

Minnesota Commercial Railway Co. (MNNR)......................................................... 35

North Shore Scenic Railroad (NSSR) ........................................................................ 25 (St. Louis & Lake Counties Regional Rail Authority between Duluth and Two Harbors)

Progressive Rail Inc. (PGR) ....................................................................................... 13

Cloquet Terminal Railroad Co. (CTRR) ................................................................... 4

Minnesota, Dakota & Western Ry. Co. (MDW) ....................................................... 4

Red River Valley & Western Railroad (RRVW) ...................................................... 2

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RAILROADS:

Amtrak (National Railroad Passenger Corp.):

http://www.amtrak.com Burlington Northern and Santa Fe Railway:

http://www.bnsf.com

CN:

http://www.cn.ca Canadian Pacific Railway:

http://www.cpr.ca

North Shore Scenic Railroad:

http://www.duluth.com/lsrm/ Otter Tail Valley Railroad:

http://www.railamerica.com Progressive Rail:

http://www.progressiverail.com Red River Valley & Western Railroad Company:

Twin Cities & Western Railroad Company:

http://www.tcwr.net Union Pacific Railroad:

http://www.uprr.com

RAILROAD ORGANIZATIONS/ASSOCIATIONS:

American Short Line and Regional RRs Assn:

http://www.aslra.org

Association of American Railroads:

http://www.aar.org Federal Railroad Administration:

http://www.fra.dot.gov/welcome.html MN DOT, Off. of Freight, Railroads & Waterways:

http://www.dot.state.mn.us/ofrw

http://www.rrvw.net

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Grain elevators served by rail will vary in their ability to accommodate certain rail cars. Shuttle

loading elevators generally have the ability to load 100-110 hopper cars of all sizes in 15 hours

on their rail siding and receive better rates and service. Other unit train loading elevators

generally have the ability to load 26-54 cars but may or may not have siding to accommodate the

entire unit during loading and may have limitations on their ability to accommodate the newer

heavier hopper cars.

The grain covered hopper car fleet is estimated to be at approximately 97,000 cars nationally,

with capacities from 4000 to 5250 cubic feet. The older grain covered hopper cars weight

approximately 268,000 pounds, minus the car weight, equaling a load limit of approximately

200,000 pounds, holding approximately 3600 bushel of corn or 3350 bushel of soybeans or

wheat. Nearly all to the additional cars being built are designed for loading 286,000 pounds,

minus the car weight, equaling a load limit of approximately 223,000 pounds, holding

approximately 4000 bushel of corn or 3800 bushel of soybeans or wheat. With older 268,000

pound cars that have less cubic capacity, an elevator may reach maximum capacity before

reaching the weight limit, such as, loading low test weight grain.

An assessor needs to consult with the elevator manager to determine whether functional or

economic obsolescence exists at a location due to service limitations, such as, light rail, bridge

restrictions, siding condition, railroad service schedule, etc.

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