Target Price Agreement Contract
Establish your price and when the market gets there, we will close it.
What is it?
This type of contract avoids the need to constantly have an eye on the market. We will place an open offer for you and when the market matches that price; your contract automatically becomes active. Then one of our representatives will get in contact with you to confirm the transaction. A future delivery of your grain will follow. There is no obligation of delivery until the price of the market meets your TPA.
Benefits
- You establish your price for your grain.
- You don’t have to keep an eye on the market.
- The delivery is not due until the market meets your price.
- You can change your target price as you wish (no charge).
- Gives you a good marketing tool.
To take into consideration
- No protection if the price drops.
- When your TPA is met, you’ll have to deliver.
- You have to cancel your TPA before it meets the market if you don’t have the necessary amount of grain.
- Cancellation of TPA takes 24 hours. If during this time your TPA meets the market, you will have to deliver.
When to use this sales contract?
Use your TPA contract when you know the price you want to obtain for your grain and you don’t want to be subject to future fluctuations in the market.
Other contract types offered
Receivable producers
Note that all our producers are paid within 10 working days. You also have the option to be paid 80% for your grain in 48 hrs, with 2% below the agreed upon purchase price. This solution will allow you to have quick access to liquidity for your needs and avoid receivables being frozen for a period of time during harvest.
St- Lawrence Grain is a company accredited by the Control of Agriculture and Food Markets.
24H payment option
St-Lawrence Grain offers you the possibility to receive 80% of your receivables within 24 hours according to delivery.
