The “Spot” commodity price is not a good pricing method to use as a measuring stick for bulk grain or other food that will be used for human consumption. In general, the foremost national authority for ongoing grain prices is the Chicago Mercantile Exchange, however many other factors affect pricing, as explained below.

Spot price is the approximate price paid to a farmer for his bulk grain and other foods coming straight from the field. At that point the grain can be considered nothing more than animal feed. It has not been inspected, graded, cleaned, packaged, or analyzed for nutrient value, moisture content, or any other factors. Each one of these steps requires shipping freight charges and other additional costs, which add to the final price.

By the time we buy our grain and other food all of the steps and processes above have been completed. We are very selective and choose only the very best #1 quality bulk foods, fit for human consumption. Our grain has high protein content, low moisture content, and has been processed to make ready for long-term storage.

Our price is established by taking the cost of the grain, adding the cost of the IBC Container, cost for filling the container, and the cost of our chemical-free processing, which prevents the product from spoiling during long-term storage. The price is mostly affected by what we initially pay for grain. This can vary depending on current conditions.