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2014 Wet Corn Program

Subject to Change without Notice

Effective August 11, 2014

 

The Wet Corn Program will start on September 8, 2014 and end when we secure adequate commitments for our operations. 

 

Previously contracted bushels cannot be applied to the Wet Corn Program.  Bushels committed to this program must be new commitments to E Energy Adams, LLC. 

 

Loads will need to be scheduled on a daily basis as we have limited drying capacity.    

 

If a delivery time frame is committed to via a basis contract or a flat price contract and the delivery time frame is missed by the committed party, a $0.20/bushel late delivery charge will be applied.  

 

Grain title will pass to E Energy Adams, LLC at the time of delivery on all corn.   

 

All corn delivered will be applied to contract on a first in, first out basis. 

 

All unsold corn will be put on free price later, with no charges until March 31, 2015. 

 

Corn Moisture, Corn Grading and Price Later charges will be done on a load by load basis. 

 

Moisture:         15.0% is considered dry basis for cash grain and price later grain.

1.5% shrink per point from 15.0% to 25.0% moisture (only shrinking out the water).

3.0% shrink per point above 25.0% moisture. 

                        25.0% moisture or above is subject to rejection.    

 

Test Weight:     45# is no discount      

                        $0.02/bushel discount per point below 45.0.  

                        Below 45.0 is subject to rejection

 

Damage:          5% or less is no discount

                        $0.025/bushel per point above 5%.

                                    All damage above 5.0% is subject to rejection

Foreign

Material:          3.0% is allowed

                        FM above 3.0% will be shrunk by weight to 3.0%

                        FM above 3.0% is subject to rejection

 

Additional

Terms:                         National Grain and Feed Trade Rules to Apply

                        Musty, Sour, Heating, Hot, COFO, and infested is subject to $0.10/bushel

                        discount and is subject to rejection depending on condition of grain

                        A $7.00/load inspection will be charged on each load. 

A d a m s

 



E Energy Adams, LLC
Mission Statement:


Our goal is to use locally grown grains to produce an environmentally friendly fuel which will add value to the local economy while generating profits for both our investor owners and area grain and livestock producers.

E Energy Adams, LLC was organized as a limited liability company on March 25, 2005 for the purpose of developing, building, and operating a nameplate 50 million gallon dry mill ethanol plant in southeast Nebraska. Our public company received SEC clearance in May 2006. We are a locally owned company consisting of nearly 800 investor owners. Dirt excavation work began in July of ‘06, followed by Fagen, Inc. mobilizing on site for start of construction on August 14th, 2006. We successfully completed construction and began operations in October 2007.

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