Graincorp harvest pools open
GRAINCORP'S 2010/11 wheat, barley, canola, and for the first time, chickpea, harvest pools are now open to growers in Queensland, NSW, Victoria, SA, and WA.
GrainCorp 2010/11 Harvest Pools feature:
- Increments for protein, screenings and moisture offered for wheat pools
- Canola pools will pay bonification on AOF standards
- In NSW, Queensland and Victoria, GrainCorp uses the company’s own export freight rates, not GTA location differentials
- All pools offer an early exit option
- Transparent costs allow growers to calculate their silo return with our online pools calculator
- All 2010/11 harvest pools are scheduled to be finalised by the end of December 2011
- Flexible payment options
- Wheat and barley offer pools have five payment options
- Chickpea pools offer harvest, distribution and deferred payment options
- Canola pools offer harvest and deferred payment options
GrainCorp will also be offering a new ‘Harvest Plus’ wheat pool which features:
- 24 month pool term
- Ability to spread income over three tax periods
- $20 premium to the current GrainCorp harvest pool EPR
