CORN #2 – Origin Brazil

Quantity :

600.000 MT – USD

800.000 MT – USD

1.000.000 MT – USD

2.000.000 MT – USD

3.000.000 MT – USD

CORN #3

Less USD 10,00

Contract Minimum 12 months.

Payment : FFSBLC total contract, or BG Unconditional, transferable, divisible, irrevocable, CIF.

SPECIFICATION :

1. Yellow Corn Grade No.2
2. Moisture 14% max.
3. Broken Kernels and foreign materials 3% max.
4. Damaged Kernels 3% max.
5. Heat damage kernel 0.2% max.
6. Aflatoxin not exceeds (10 ppm) max..
7. Protein 9% min.
8. Crop Latest
9. Suitable for animal nutrition
10. Free of all kinds of moulds.
11. Free of sprouted grains.
12. Free
    from Insects (dead or live), free foreign (sand, silica and heavy
    metals), free from bad smell resulted from damage or mold.

Procedures:

1. Buyer issues a LOI + RWA + NCND
2. Seller issues FCO
3. Buyer sign, seal and return the FCO
4. Seller issues Draft Contract
5. Buyer sign, seal and return the Contract, seller sign the Contract and return to the Buyer
6. Buyer and Seller deposit a copy of the executed Contract to their respective Banks.
7. Within 3 (three) banking days, Buyer Bank sends a Non-operative FFSBLC or BG for total shipment value to the seller’s Bank
8. Within 48 hours Seller's Bank sends Proof of Products (POP) + PB 2% via Swift Bank to Bank methods to the Buyer’s Bank
9. FFSBLC or BG operative.
10. Shipment.