Grain Pricing by Locations
Midland Marketing has changed our grain pricing structure and grain discounts schedules. Each elevator will have their own pricing structure when you review the posted pricing. This variation of pricing is not a discount/premium bid structure; rather it is a reflection of current market conditions influenced by market fundamentals such as freight and storage capacities at a location. Freight to end markets can have a spread of over $0.12 in your cooperative, keeping the same price in the overall company that spans over sixty miles is a difficult task.
With the new pricing structure as you sell grain or contract grain for delivery we will be asking about delivery location. You will see some locations with the same pricing on some commodities and different on other commodities. Kevin Royer
Text Message Service
The Midland Marketing Fuels Sales department offers a text message market update for our interested customers. We typically send the text updates before 10:00 am. If you would like to receive a market update over your cell phone, please respond back with your cell phone number. Please call with any questions.
New Storage Rate:
As of August 1, 2017 storage rates at Midland Marketing are .00167 per bushel/day in order to match the rates we are paying for terminal storage.
All grains in storage prior to August 1, 2017 will keep the previous rate for a period of one year.