There are no storage charges or elevation fees on soybeans contracted or sold prior to November 1, or on corn contracted or sold prior to December 1. Once those dates arrive, producers need to decide if they want to sell any unsold crops, or if they want to put them into storage. Crops going into storage at that point will be subject to a one-time $4.00/tonne handling charge, and storage charges will begin to accumulate.
Maizeing Acres Inc. charges $2.00/tonne/month to store all crops. It is charged on a daily basis, so you pay only for the days that your crops are actually in storage. Corn that is shipped out will have a $6 out charge if it is not purchased by MAI.