We have been asked by a number of our farmers to organise grain pools for the 2015 harvest season. The complexity of price potential in either direction is greater this coming year than normal and the current values at or below production cost is creating unnecessary stress. A pool by definition gives a fair average price taking out the highs and lows which for many is a happier way to trade than taking your chances with the extremities of weather, politics and the grain trade.
We have decided to go ahead and run four pools and have designed the simplest of systems on which they will run. Our pools will use options if we deem it necessary or if we see an advantage to the pool members. Our objective will be to achieve the best pool price against the various alternatives that you have.HARVEST Pool
Harvest movement, which means immediately, Payment date 15th September.OCT/DEC Pool
Movement anytime between October 1st and Dec 21st. Pool Payment date 31st December.JAN/MAR Pool
Movement anytime between January 1st and March 31st. Pool Payment date 7th April.APR/JUN Pool
Movement anytime between April 1st and June 30th. Pool Payment date 21st July.
Increments will exist within pools for later movement months. All grain will be delivered locally with no extreme haulage risk to farmers. Option on haulage to local delivery points will be offered if market conditions allow.
If you wish to be part of our Pools please fill in the attached form. Closing date for applying to join our Pools is Thursday 30th April 2015.Application Form