Flexi Grain's Area Based Contract is weighted in favour of growers and stacked with benefits.
The Area Based Contract aims to deliver the best returns possible considering the constraints of such a contract. The Area Based Contract has considerable risk management advantages compared to fixed tonnage contracts as there is no washout risk because you are not committing tonnage, only area.
Flexi Grain is committed to developing and maintaining relationships with growers by ensuring all communications are clear, transparent and timely. Every grower with tonnes contracted to Flexi Grain will receive;
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* - 60%||N/A||April 25th - 100%|
|FlexiTen||10th or the 25th day of the month* - 60%||June 25th - 80%||September 25th - 100%|
|FlexiCall||10th or the 25th day of the month* - 90%||N/A||September 25th - 100%|
|FlexiProtect||25th of February - 100%||N/A||N/A|
Estimated Pool Returns (EPR) are quoted as a Free In Store price (FIS) for Western Australia and as Track Port price in the Eastern States, net of the pool management cost and fees. Pool management costs and fees may include, but without limitation, yield estimates, brokerage, administration fees, risk management fees, insurance, marketing costs, storage, handling and transport costs, grain drying charges if applicable, inventory finance costs if applicable.
The pool management fee is $7.50 per tonne excluding GST.
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. Contact your regional manager for a comprehensive list of the delivery sights in your area.