Minnesota Administrative Rules
Agency 105 - Agriculture Department
Chapter 1562 - BUYING AND STORING OF GRAIN
Part 1562.1100 - WAREHOUSE EXAMINATIONS

Universal Citation: MN Rules 1562.1100

Current through Register Vol. 48, No. 39, March 25, 2024

Subpart 1. [See repealer.]

Subp. 2. [See repealer.]

Subp. 3. [See repealer.]

Subp. 4. Warehouses with a Commodity Credit Corporation storage agreement.

At the request of Commodity Credit Corporation, the commissioner shall perform warehouse examinations at warehouses with a uniform grain storage agreement. The results of these examinations must be forwarded to Commodity Credit Corporation.

Subp. 5. Required information; form.

A grain inventory examination must include the following information:

GRAIN INVENTORY EXAMINATION Name of Elevator Date
Kind of Grain
I. Physical Measurement of Grain Inventory
Grain Inventory as of _____ # bushels
plus or minus Receipts "
plus or minus Sales -- Shipments "
Adjusted Inventory as of _____* # bushels
II. Grain Inventory per Books as of _____*
Storage Liability # bushels
Grain Bank Liability "
Other "
Warehouse Owned "
Total Grain Inventory per Books # bushels
III. Other Grain Detail
Obligations on Grain Delivered to the Elevator
Deferred Payment Contracts # bushels
Delayed Price Contracts "
Other "
Total # bushels
IV. Grain Inventory Measured by _____
This Report Prepared by _____
*These dates should be the same.

Statutory Authority: MS s 16A.128; 223.19; 232.22; 232.24; 236.08

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