Grain Shrink and Drying Charges, Explained
Wet corn loses bushels two ways: the water that leaves, and the shrink factor the buyer applies. Here's the math behind moisture shrink and drying charges, and how to compare selling wet vs. drying yourself.
Why wet bushels aren't bushels
Corn trades at a standard 15% moisture (soybeans at 13%). Deliver wetter grain and the buyer adjusts your weight down — because part of what crossed the scale was water that's about to be dried off — and usually charges for the drying, too.
The shrink math
Shrink converts wet weight to dry-equivalent bushels using a shrink factor per point of moisture. The pure water-loss math works out to about 1.18% per point (for corn going to 15%); elevators commonly apply 1.3–1.4% per point, with the difference ("handling shrink") covering invisible losses and margin.
Example: 1,000 bushels of 20% corn, 1.4% shrink factor:
5 points × 1.4% = 7% shrink → you're paid on 930 bushels
Drying charges stack on top — typically a few cents per bushel per point of moisture removed. Five points of drying at, say, 4¢/point is another 20¢/bu equivalent. Every elevator's schedule differs, and schedules change year to year: read the sheet.
Sell wet, dry on-farm, or field-dry?
The real comparison has three legs:
- Deliver wet: their shrink factor + drying charge, zero hassle.
- Dry on-farm: your propane/electric cost + your (true, ~1.18%) shrink + labor and dryer time — often cheaper per point, if you have the capacity at harvest pace.
- Let it field-dry: free drying, paid for in harvest-date risk — stalk quality, phantom yield loss, weather, and a later basis window.
Run it per point, not per load: the question is what removing one point of moisture costs by each path. And keep your true dry bushels in your marketing math — 200,000 wet pounds in the wagon is not the number your contracts settle on.
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