Grain Talk Volume 10, No. 2 September 2013

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Grain Talk

Volume 10, No. 2 September 2013

Proudly Owned by Farmway Coop Inc, Cloud Co Coop, and Randall Farmers Coop Union AGMARK MISSION STATEMENT: To be a recognized leader in the grain industry, providing long term grain marketing solutions for our customers while building a financially strong and stable company.

Contact Us: 118 West Main, Beloit, KS Phone: (785) 738-9641 Toll Free: 888-848-9979

Owner Elevators: Concordia Terminal(West), Asherville, Beloit, Cawker City, Clay Center, Concordia (East), Denmark, Glen Elder, Hunter, Jamestown, Jewell, Kackley, Leonardville, Miltonvale, Lincoln, Randall, Scottsville, Solomon Rapids, Tipton, Vesper, Westfall.

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2013 FALL HARVEST UNLOAD POLICIES CORN Concordia: (Both Locations) • Cash or Contract Only o Any bushels not sold or contracted will be placed on Price Later Contracts Free until 10-31-13 then of $0.045 / bushel / month service fee o NO OPEN STORAGE • Discounted Drying o Drying charge is 2 cents per point above 15.0% moisture with the standard shrink of 1.5% per point above 15.0% moisture to apply o Good through September 27th o The discounted drying charge only applies at time of delivery; corn must be delivered and applied to a contract All Other Locations • Open Storage is available at the current rate of $.045/bu/mo • Price Later contracts available, Free until 10-31-13 then $0.045 / bushel / month

SOYBEAN All AgMark Locations • Cash or Contract Only o Any bushels not sold or contracted will be placed on Price Later Contracts Free until 10-31-13 then of $0.05 / bushel / month service fee o NO OPEN STORAGE

MILO All AgMark Locations • Open Storage is available at the current rate of $.045/bu/mo • Price Later contracts available, Free until 10-31-13 then $0.045 / bushel / month AgMark LLC owners have aggressively invested in the storage and handling infrastructure in North Central Kansas. However we still may rely on timely truck and rail shipments to complete the harvest and need ownership or some control of grain delivered to our facilities. This is accomplished through purchases or “Price Later”. The fall harvest prospects continue to look good enough that we have implemented these policies to help the harvest occur with minimal to no interruptions. All policies and programs are subject to change anytime without notice or warning. PATRONAGE ON GRAIN DELIVERED TO CONCORDIA TERMINAL (WEST) We have received questions regarding the grain patronage process for grain delivered to the AgMark Terminal (West facility). As owners of AgMark LLC, Farmway, Cloud County and Randall Coops have the ability to determine how they allocate patronage to the customers that deliver grain to this facility. The patronage rate will be different for each cooperative and past patronage rates are not indicative of future patronage rates into this facility. Please consult the management of each one of these owner cooperative if you have questions on patronage.

DIRECT DEPOSIT AVAILABLE ON GRAIN CHECKS Your grain sales proceeds can be deposited directly into the bank account of your choice and you can still receive written confirmation of the settlement by mail. This will eliminate the problem of checks being lost or delayed in the mail and trips to the elevator and bank. Actual paper checks will still be available and are the only option for accounts with liens against them. If you are interested in the direct deposit option, please complete the “Electronic Funds Transfer Authorization Agreement” at any of our member elevator locations or administrative office in Beloit. If you have any questions; please don’t hesitate to call the Beloit office at 888-848-9979.

AGMARK IS MOBILE!!

YOU’VE GOT MAIL

Have access to our CASH BIDS, LOCATION & HARVEST INFORMATION and MUCH MORE when using our Mobile Website! From the internet browser on your mobile device enter http://mobile.agmarkllc.com this will bring up our mobile site. You can also access it by going to our website at www.agmarkllc.com and clicking on the “mobile site” button at the bottom of the home page. Once the mobile site is open on your device you can save it as a shortcut on your homepage. Then, the next time you look us up we are just one easy click away.

As with most communities, the times for mail pick-up in Beloit has been changed. Our mail now goes out at 2:00 pm. This means that if you call to sell grain after that time, your check will not be mailed until the following business day. If you would like to avoid this delay, please contact us about signing up for our direct deposit option. DEFERRED PAYMENT INTEREST RATE The deferred payment interest rate is currently 1% per year on all new “Installment Sale of Grain” contracts to be paid in January of 2014.

Commodities Accepted Location Concordia Terminal Concordia East Jamestown Randall Kackley Jewell Asherville Beloit Solomon Rapids Scottsville Glen Elder Cawker City Tipton Hunter Denmark Vesper Lincoln Westfall Clay Center Miltonvale Leonardville

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You can now reach ANY member of the AgMark Marketing Team with ONE phone number! AgMark now has the ability to connect you to any member of our marketing team, no matter which office they work in, when you dial our toll free number at 888-848-9979. If you need to reach David Pfizenmaier in Clay Center, or Nick Hansen and Carrie Williams in Concordia, or Eric Hilt and Mark Hafliger in Beloit, you can reach them all by dialing 888-848-9979. This will help AgMark better assist our customers when someone is out of the office.

THANK YOU FOR YOUR BUSINESS AND HAVE A SAFE HARVEST!

Beloit, KS 67420 PO Box 444 AgMark LLC