Quality Optimisation

PRODUCT TYPE Storage & Handling DESCRIPTION. You can optimise the protein quality of Wheat that is delivered to Bunge Kukerin and Arthur River receival facilities.

BENEFITS. Protein Optimisation improves your return by allowing you to mix your delivery tickets to receive an optimal or virtual blended protein result and enhance your net return for your grain.

RISKS

  • Price: Not fixed unless previously contracted
  • Quality: Wheat tickets can be quality optimised to improve your returns
  • Production: None
  • Payment: Improved return. Note payments are made (subject to your contract terms) when you transfer your grain to your buyer.

WHAT YOU HAVE TO DO

  • Deliver your grain to a Bunge facility (at Kukerin or Arthur River) and quote your NGR number.
  • View your grain details on-line at Bunge’s website (www.bunge.com.au)
  • Contact Bunge if you want an Optimisation calculation on your wheat
  • Sign off on the Optimisation on calculation
  • Instruct Bunge to transfer your nominated delivery tickets against your sales contracts to Bunge or other buyers referencing your NGR and contract number.
  • Bunge or your buyer will send written contract terms and conditions to you by email.

OTHER POINTS

  • Grain must be Optimised PRIOR to Title Transfer. For 2017-18 crop year, optimisation must be requested to Bunge between 1st November 2017 – January 20th, 2018. 
  • Refer to Bunge’s Optimisation Product Rules and Bunge’s Grower Warehouse Terms and Conditions
  • Bunge may close the Optimisation program at its sole discretion
COMMODITY Wheat
QUALITY Variable
TITLE TRANSFER POINT* FIS- Bunge
TIMING Post-Harvest (Now Closed)
PAYMENT TERMS N/A
FORWARD/SPOT N/A
DELIVERY PERIOD Harvest: Dec/Jan
LEVIES Refer to Title Transfer Table
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