Canadian Canola Growers Association

Farmers’ Top Grain Contract Questions-Defaults

November 6, 2017Hub Article

​​​​​​​​​​​​Last week, on CCG Hub, we explored farmer questions around contracts and delivery terms [read article]. This week we turn to contract cancellation and defaults. Knowing how defaults are treated is particularly important in years when crop quality and quantity is uncertain, and where significant price volatility exists in the market.     

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​What happens if I fall short in meeting the contracted quality or quantity?

Grain buyers are only obligated to buy the quality and quantity stipulated in the contract. A schedule of discounts will likely apply to the lesser quality, and a financial penalty to shortages of quantity. Your grain buyer may be in the position to... (read more)

​​​​​​​​​​​​Last week, on CCG Hub, we explored farmer questions around contracts and delivery terms [read article]. This week we turn to contract cancellation and defaults. Knowing how defaults are treated is particularly important in years when crop quality and quantity is uncertain, and where significant price volatility exists in the... (read more)

Farmers’ Top Grain Contract Questions – Delivery

November 3, 2017Hub Article

​​​​​​​​​​​​Farmers have access to a variety of grain contracting tools that help manage price, delivery and production. With many options to choose from, farmers should shop around to find the contract that works best for their farm. Start by reading and understanding the terms and conditions, since they outline details on delivery, acceptance,... (read more)

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