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NGF SUPPORTS INCREASE FOR WAREHOUSE STORAGE & HANDLING RATES Record commodity prices, a volatile grain market, the expansion of bio fuels production, and soaring transportation and energy costs has prompted the Nebraska Grain and Feed Association (NGF) to support an increase of the Schedule A & E handling and storage rates state licensed elevators can charge. Nebraska's current maximum for in and out charges is 25 cents per bushel, and the storage rate for soybeans stands at about 4 cents per bushel per month while corn and most other grains are at 3.5 cents per bushel per month. The Nebraska Public Service Commission (PSC) has scheduled a 2:00 PM hearing May 7, 2008 to take comments before making a decision to adjust Schedule A & E handling and storage rates. “NGF members are facing escalating cost for fuel and transportation, interest rates, insurance, labor and repairs,” said NGF President Andy Kuhn, of Countryside Cooperative in Firth. “After several years without increasing the maximum handling and storage rates, we felt the time was right to press for an upward adjustment.” Nebraska handling charges and soybean storage rates have have not changed since 1987. Corn and other grain storage rates haven't increased since 2001. In a survey of several states in the region, NGF found that most do not have any regulations governing how much elevators can charge. Most states that do not have storage or handling limits require that the elevator annually file their charges and storage fees with the regulatory agency, and prominently post them on site. NGF members are encouraged to attend the PSC hearing on May 7, 2008. Please call the NGF off ice at 402-476-6174 with your comments or questions.
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08.08.08 Summer Meeting & All-NGF Golf Scramble Quarry Oaks Golf Club, Ashland
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