Recent comments by: Clear Grain Exchange Team
On Clear you get paid within 7 business days, even less if the buyer pays early. You retain title of your grain until this full payment is received. It is held in bare trust (so legally yours) by the custodial company Perpetual. Once they receive the funds, Perpetual does an automatic swap of title to the buyer and funds to the seller. So you always have either the grain title or funds. Clear has now worked this way for 7 harvests. Completely agree with Leo that more education is needed for growers on risk management.