Multi-Grade Cash Contract

PRODUCT TYPE Grain Contract DESCRIPTION

Fixed Price Cash contract with Multigrade options to help you manage your quality risk. The Multigrade price spreads are fixed on the day the contract is agreed.

BENEFITS

The Multigrade contract manages price risk by fixing your price per tonne and allows you to set grade spreads, while retaining Multigrade delivery options.

RISKS

  • Price: Fixes price to reduce risk
  • Quality: Quality is flexible to reduce risk
  • Production: Contract is deliverable, so some production risk (depending on your own commitments and circumstances)
  • Payment: Covered by Bunge

 

WHAT YOU HAVE TO DO

  • Contact Bunge to sell to Bunge quoting your NGR number. Once agreed on the phone or email you lock in a contract with Bunge.
  • Bunge will send written contract terms and conditions to you by email.
  • Transfer Title to Bunge via your warehouse service or at delivery quote your contract number together with your NGR number.

 

OTHER POINTS

  • Contract is deliverable.
  • When delivering to a Bunge facility you must quote your NGR number.
COMMODITY Wheat, Barley, Oats and Canola
QUALITY Variable
TITLE TRANSFER
POINT*
FIS- Bunge FIS-CBH Delivered Bunbury Ex-Farm
TIMING Pre-Harvest
PAYMENT TERMS 100% 14 Days EOW*
FORWARD/SPOT Both Available
DELIVERY PERIOD Pre-Harvest: Dec/Jan
Post-Harvest: Spot or by negotiation
LEVIES Deducted by Bunge
FREIGHT & RECEIVAL
DEDUCTIONS
Refer to Title Transfer Table
QUALITY
OPTIMISATION
Refer to Title Transfer Table
Yes, available for
Wheat warehoused at Kukerin and Arthur River