Corn Procurement Policy - PDF

Frequently Asked Questions - PDF

 

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If Member’s production is reduced so that Member is unable to deliver the number of bushels committed, Member is required to obtain the corn from another source and deliver the corn to Redfield Energy, as if the corn had been produced by Member. If Member cannot deliver the corn committed, Member agrees that Redfield Energy, at its option, may act as Member’s agent for the purpose of obtaining the corn in Member’s name and may charge to Member all expenses and incidental costs in obtaining and delivering the corn to Redfield Energy’s designated facility(ies).

The Board may modify the delivery process if it is determined that some other process will allow Redfield Energy to more efficiently process and market corn. Redfield Energy has the authority to establish, or contract with a third-party to establish standardized procedures for Class A Members who wish to meet their delivery obligations through open-market purchases or other efficiency-seeking procurement methods and procedures, and to charge Class A Members who utilize such pool purchasing programs to meet their delivery obligations a reasonable administrative or “pool” fee for such use.