Emerald's cash contract
EMERALD Group, via affiliates SQP Grain and Southern Ag Grain, has launched a new pre-harvest grain contract.
The contract is designed to offer a strong forward price for grain while helping growers manage on-farm production risk.
The contract, named “3 Windows Flexi,” lets growers lock in a price before harvest and receive payment in one of two initial windows: during harvest, or in July next year.
“If growers experience production issues this season, they can renegotiate the contract and deliver in the third window – harvest 2014,” Southern Ag Grain general manager Chris Kochanski said.
