Flexi Grain's Area Based Contract is weighted in favour of growers and stacked with benefits.
Once a harvest terms credit limit at North West Ag Services is approved, growers have access to harvest terms on farm inputs. This facility is available from April to harvest, and is paid from contract proceeds. This unique facility is based on a percentage of long term income per hectare. Therefore, the amount of hectares you contract and the location you farm will determine your harvest terms facility.
The Area Based Contract aims to deliver the best returns possible considering the constraints of such a contract. The Area Based Contract also has considerable risk management advantages when compared to fixed tonnage contracts as there is no washout risk as you are not committing tonnage, you are only committing area.
Flexi Grain is committed to developing and maintaining relationships with growers by ensuring all communications are clear, transparent and timely.
Flexi Grain pools have default distributions but can be deferred if required.
|POOL||1ST DISTRIBUTION||2ND DISTRIBUTION||FINAL DISTRIBUTION|
|FlexiFive||10th or the 25th day of the month*
|FlexiTen||10th or the 25th day of the month*
|FlexiCall||10th or the 25th day of the month*
An estimated Pool Return (EPR) will be quoted as a Free In Store (FIS) Port price net of pool management fees. The pool management fee is $10 per tonne excluding GST and this includes both Flexi Grain and the standard Lachstock Consulting managed program fees.
All grain produced under the Area Based Contract must be delivered to GrainCorp, AWB or Emerald sites. Grain may be delivered to private storage facilities if agreed upon prior to harvest. Flexi Grain's Area Based Contract is weighted in favour of growers and stacked with benefits.