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Soybean Grade Requirements and Discount Schedules--MSSOY White Paper

All grain elevators that receive and purchase soybeans from producers have a discount schedule that they apply to each individual load delivered to them. These discount schedules vary elevator to elevator and are used to determine the shrinkage of the delivered product that will be applied based on its grade in designated categories. This document explains the various shrink and discount factors that are applied to soybeans at the elevator.