Pool Marketing
- i] Pool Choices
- ii] What Crops?
- iii] Quantity, Quality & Price Variations
- iv] Payments
- v] Marketing Fee
- vi] Variation on Payments / Interest Charges
- vii] Contractual Obligations
Harvest Pool : Grain moved during the months of July / August / September
Short Pool : Grain moved during the months of October / November / December.
Mid Pool : Grain moved during the months of January / February / March.
Late Pool : Grain moved during the months of April / May / June
Long Pool : Grain moved during the months of January / February / March / April / May / June.
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Wheat - Group 1 Milling
Wheat - Group 2 Milling
Wheat - Group 3 & 4
Feed Barley
Oilseed Rape
Feed Beans
Feed Peas
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iii] Quantity, Quality & Price Variations
If 100% of any single commodity committed, the quantity for each pool will be on the basis of a crop estimate pre-harvest. This will be amended to actual tonnage of grain post harvest.
If partial crop committed then quantity will be that contracted, plus or minus tolerances as per AIC or FOSFA contracts.
Where this is the case, it is suggested that it be stored separately
from grain contracted to another party. ie separate side/bins etc.
The grower will be paid for the quality which is produced determined by the analysis of samples collected immediately after harvest. Any premiums or allowances will be sorted at the time when pool is concluded.
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Harvest Pool ( Barley / Oilseed Rape ) : One payment 21st Sept.
Harvest Pool ( Wheat/Oats/Pulses) : One payment 21st Oct.
Short Pool : 28th November : £25 / Tonne on cereals/pulses ~
£60 / Tonne on oilseeds
Short Pool : 31st January : Final Payment Of Balance
Mid Pool : 28th February : £25 / Tonne on cereals/pulses ~
£60 / Tonne on oilseeds
Mid Pool : 30th April : Final Payment Of Balance
Late Pool : 28th May : £25 / Tonne on cereals/pulses ~
£60 / Tonne on oilseeds
Late Pool : 31st July : Final Payment Of Balance
Long Pool : 28th February : £25 / Tonne on cereals/pulses ~
£60 / Tonne on oilseeds
Long Pool : 28th May : £25 / Tonne on cereals/pulses ~
£60 / Tonne on oilseeds
Long Pool : 31st July : Final Payment Of Balance
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A marketing levy of £1.75 / Tonne will be charged on cereals and pulses.
A marketing levy of £2.00 / Tonne will be charged on oilseeds.
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vi] Variation on Payments / Interest Charges
Advanced payments may be taken outside of the payment scheme laid out in paragraph [iv]. These will at the buyers discretion and to be discussed on an individual basis. Any such agreement will be subject to an interest charge of 2% over Lloyds TSB Bank base rate.
No interest charges will be deducted against the standard interim payment scheme as per paragraph [iv].
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All terms and conditions as per AIC and FOSFA contracts current at time of delivery relevant to any particular commodity.
The buyers shall be entitled to alter specific wording or paragraphs on contracts to suit individual buyers terms but only when acting in producers interests.
Sellers must also ensure that all commodities comply with any rules or laws laid out by the Government or European Parliament. Those being COSSH , FEPA , Pesticides and Residues Act, Food Safety Act, Salmonella and Mycotoxin Issues.
For more details or if you have a specific question regarding Toseland's Marketing Pools, please contact us via the contact form on the home page.
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