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.
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. |
Minn. R. agency 105, ch. 1562, pt. 1562.1100
Statutory Authority: MS s 16A.128; 223.19; 232.22; 232.24; 236.08