Pools Payment Guide
Below are the approximate payment dates and percentages paid for the available payment options.
For more information regarding each payment option:
- View the flyers by clicking the "Flyer" link next to the Pool
- View the Terms and Conditions
Note: Payment terms during harvest are 21 days end of week delivery.
2010/11 Pools Products
Pre-Harvest Wheat Pool 2010/11 | Wheat Flyer
|
Payment Option |
First Payment |
Final Payment |
Terms and Conditions |
|
Harvest Payment |
70% Harvest |
30% July 2011 |
Wheat Pre-Harvest.pdf |
|
Distribution |
35% April 2011 |
65% July 2011 |
|
Single Sum Payment |
- |
100% July 2011 |
2009/10 Pools Products
Wheat Pool 2009/10 | Early Commitment Flyer | Wheat Flyer
Pre-Harvest Wheat Pool 2009/10 | Flyer
|
Payment Option |
First Payment |
Final Payment |
Terms and Conditions |
|
Harvest Payment |
70% Harvest |
Paid 30% July 2010 |
Wheat Pre-Harvest.pdf |
|
Single Sum Payment |
0% |
Paid 100% July 2010 |
Barley Pool 2009/10 | Flyer
|
Payment Option |
First Payment |
Second Payment |
Third Payment |
Final Payment |
Terms and Conditions |
|
Harvest Payment |
70% Harvest |
Up to 15% September 2010 |
- |
Up to 15% December 2010 |
Harvest Pools Deliveries 09-10 Terms and Conditions.pdf
|
|
Deferred Payment |
Paid 70% July 2010 |
- |
- |
30% December 2010 |
|
Distribution |
Paid 20% March 2010 |
Paid 20% July 2010 |
Up to 20% September 2010 |
Up to 40% December 2010 |
|
|
Standard Harvest Loan |
Loan Funds 75% at Harvest |
As per Distribution to pay off loan |
- |
- |
Barley Loan Pools 09-10 Terms and Condtions.pdf
|
|
Flexible Harvest Loan |
Loan Funds 75% at Harvest |
As per Distribution to pay off loan |
- |
- |
|
Single Sum Payment |
- |
- |
- |
100% December 2010 |
Canola Pool 2009/10 | Flyer
|
Payment Option |
First Payment |
Second Payment |
Final Payment |
Terms and Conditions |
|
Harvest Payment |
70% Harvest |
15% September 2010 |
15% November 2010 |
Canola Pools Deliveries 09-10 Terms and Conditions.pdf
|
|
Deferred Payment |
Paid 70% July 2010 |
- |
30% November 2010 |
|
Single Sum Payment |
- |
- |
100% November 2010 |
Sorghum Pool 2009/10 | Flyer
2008/09 Pools Products
Sorghum 2008/09 | Flyer
|
Payment Option |
First Payment |
Final Payment |
Terms and Conditions |
|
Harvest Payment |
75% Harvest |
Paid 25% Feb 2010 |
Sorghum.pdf |
|
Deferred Payment |
Paid 75% July 2009 |
Paid 25% Feb 2010 |
|
Single Sum Payment |
- |
Paid 100% Feb 2010 |
*The Single Sum payment option gives growers a single payment at the end of the life of the pool.
Notes on the Payment Schedules
1. The Pool Manager reserves the right to extend payment times and the length of the Pool subject to the status of the grain sales program if by doing so it can significantly increase or preserve Pool equity.
2. The percentage of Pool equity distributed may be reduced at the discretion of the Pool Manager subject to prevailing Pool estimates and the status of the grain sales program.