Soya Beans

August 2013

GMO Soya Beans Grade #2

  • Commodity: GMO Soya Beans Grade #2
    • Origin: Brazil
    • Shipment: Bulk vessels
    • Prices: CIF ASWP

Contract

Shipments

CIF Price in US$

MT

Transferable
DLC

Non
Transferable
DLC

1 BG +
Transferable
ARDLC

1 BG + Non‑
Transferable
ARDLC

12,500

SPOT

550.00 570.00

25,000

SPOT

530.00 550.00

50,000

SPOT

508.00 528.00

150,000

12,500 x 12

525.00 545.00

300,000

25,000 x 12

510.00 530.00

600,000

50,000 x 12

488.00 508.00

 

Specifications

  • Soybean Grade #2 GMO, suitable for human consumption
  • Quality: Standard Export Quality
  • Grade: #2 GMO
  • Test Weight: 54 Pounds per bushel, min
  • Protein: Min 35%
  • Moisture Content: Max 13,5%
  • Foreign Material: Max 2,0%
  • Oil Content: Min 18,5%
  • Splits: 20% Max
  • Total Damage: 4%
  • Kernels: 3% Max
  • Free Fatty Acids: 1% Max
  • Discolored Seeds: 2% Max

Toasted Soya Meal (46%)
SOFT OFFER

  • Commodity: Toasted Soya Meal 46%
    • Origin: Brazil
    • Prices: CIF ASWP

Contract

Shipments

CIF Price in US$

MT

Transferable
DLC

Non
Transferable
DLC

1 BG +
Transferable
ARDLC

1 BG + Non‑
Transferable
ARDLC

 

12,500

SPOT

540.00 560.00

25,000

SPOT

530.00 550.00

50,000

SPOT

520.00 540.00

150,000

12,500 x 12

530.00 550.00

300,000

25,000 x 12

525.00 545.00

600,000

50,000 x 12

515.00 535.00

 

Specifications

  • Toasted soya meal 46% suitable for feed of cattle, pigs and poultry.
  • Quality: Standard Export Quality
  • Humidity: Max 12,50%
  • Protein: Min 46%
  • Oil content: 1,00% min
  • Solubility in (KOH 0,2% min): 80%
  • Ethereal extract (min): 1,00%
  • Fibrous matter (max): 6,00%
  • Mineral matter (max): 6,50%
  • Aflatoxin (max): 20 PPB
  • Urea activity (min): 0,05 pH
  • Urea activity (max): 0,25 pH

GMO Yellow Corn Grade #2
SOFT OFFER

  • Commodity: GMO Yellow Corn Grade #2
    • Origin: Brazil / Argentina
    • Prices: CIF ASWP

Contract

Shipments

CIF Price in US$

MT

Transferab
le
DLC

Non
Transferab
le DLC

1 BG +
Transferab
le ARDLC

1 BG +
Non‑

Transferab
le ARDLC

12,500

SPOT

320.00 340.00

25,000

SPOT

300.00 320.00

50,000

SPOT

278.00 298.00

150,000

12,500 x 12

295.00 315.00

300,000

25,000 x 12

275.00 295.00

600,000

50,000 x 12

252.00 272.00

 

Specification:

  • Test Weight: min 70 kgs per hl
  • Foreign matter: 3.00% Max
  • Moisture: 13% max
  • Other grains: 2% max
  • Broken: 3% max
  • Protein: 9%
  • Damaged including insects damaged: max 3%
  • Aflatoxin: 20 PPB max
  • Admixture: 2.00% Max
  • Crop: Latest
  • · Packing: in 50 Kg. Net wgt.
    · Inspection: SGS at loading port
    · Performance Bond: 2% (for contracts only)
    · Insurance: 110%
    · Payment:
    – By Irrevocable, Divisible, Transferable / Non-Transferable Auto Revolving DLC
    which shall be effected 1 month of the contract, corresponding to 1 (one) month
    supply and 100% payable against documents in loading port, issued or confirmed
    by a Top 25 World Bank;
    – The Guarantee shall be effected through SBLC (Irrevocable Unconditional
    Divisible, Confirmed, Stand-By Documentary Letter of Credit) by MT 760,
    corresponding to 1 (one) month of the contract, with a maturity of 14 (fourteen)
    months and 6 (six) days. The SBLC shall be clean and free of any leans, issued
    or confirmed by a Top 25 World Bank.
    · Confirming Bank: Mandatory if buyer’s bank is not AA rated (Top 25)

Procedures:
1. Buyer issues LOI;
2. Seller Representative issues SCO;
3. Buyer accepts SCO by signing it and returning it to the Seller Representative with NCND
/ IMFPA + ICPO + buyer´s copy of passport;
4. Seller issues FCO and buyer must return it signed and sealed for acceptance.
5. Buyer sends the legal documents of buyer’s company and RWA according to our model,
issued by Buyer´s Bank nominative to the Seller’s company, to seller´s bank, via swift
(bank to bank);
6. Seller´s Bank verifies compliance with the Buyer´s bank and if all is correct, issues the
draft contract sending it to the Buyer;
7. Buyer verifies, corrects and returns the draft contract to Seller with signature and seal;
8. Seller verifies that the contract is approved, signed and sealed by the Buyer;
9. Buyer´s Bank issues a POF (MT 799/255) and sends it to Seller´s Bank via swift, within
10 banking days;
10. In 5 banking days the Seller´s Bank sends to Buyer´s Bank the POP via swift (origin
certificate, product export license, export document authorization, location and product
availability, refinery producer identification, laboratory analysis, phytosanitary
certificate);
11. In 3 banking days, Buyer´s Bank will issue the Bank Guarantee (if applicable) and
operative bank Letter of Credit for payment, as agreed in favor of the seller;
12. Within 15 banking days, Seller issues through bank the shipment documents (SGS
inspection of weight and quality, bill of lading, insurance certificate, commercial invoice,
SGS product property certificate of performance bond (PB only for annual contracts);
13. Delivery and shipment shall commence after the fulfillment of the procedure stated
above.
Note that some procedures may vary according to each seller’s instruction as we represent
several ones. Procedures must be adjusted according to buyer’s order. They will be
confirmed through the FCO / draft contract. The procedures mentioned above are the ones
internationally accepted and reasonable for any sale / purchase contract.
* Validity of offer: August 31st, 2013 6.00pm Brazilian time

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