Official Agrocommodities Prices November 19,2020 – GRAIN Trader Argentina Corp

Official Agrocommodities

Prices

November 19,2020

🌾 Wheat USD 262 ton
🌽 Corn USD 229 ton
🌻 Sunflower USD = 540 ton
🌱 Soybean USD = 493 ton

Payment terms:

Stand By Letter of Credit for 50% of the FOB value of the proforma invoice

The payment condition is TBD (to be determined)

Final invoice is issued at the port of loading for 100% of the cargo value

The client’s bank releases 100% (50% of the proforma value) of the value of the instrument + the total difference determined in the official invoice and quality certificate that determines the final price

Containers are loaded inside the ship or bulk products are loaded inside the ship

Exporter releases bill of loading + certificates of origin

OBSERVATIONS: Prices will be taken on the loading day in front of the CABC (Chamber of Arbitration of the Cereal Exchange) and SGS (SGS Argentina SA). These rating agencies will determine the final price considering the marketing standards, increasing the market value due to improvements in quality or decreasing the market price considering the marketing standards due to decreased quality.

GAFTA contract

38

Grain from Argentina / Effective from January 2020

Bulk FOB

39

Feedingstuffs from Argentina / Effective from January 2020

Bulk FOB

Company

Agro & Food Commodities

Todos los nombrados aquí, en este email, acuerdan que todas las divergencias, cuestiones o reclamaciones que surjan de o que se relacionen con cualquiera de las relaciones jurídicas que se deriven de este contrato y entre cualesquiera de ellos serán resueltas en forma definitiva por la Cámara Arbitral de la Bolsa de Cereales de Buenos Aires. El tribunal actuara como amigable componedor, con aplicación de las Reglas y Usos del Comercio de granos y del Reglamento de Procedimientos aprobado por decreto 931/38 y/o sus futuras modificaciones, ampliaciones o normas complementarias. Además, declaran conocer y aceptar las Reglas y Usos del Comercio de Granos.

A los efectos del presente acuerdo, los presentes, para el tratado de las disputas, constituyen domicilio especial en la secretaria de la Bolsa de Comercio del Chaco, con domicilio en A. Frondizi 174 piso 7.

ARGENTINA

All those named here, in this email, agree that all divergences, issues or claims arising from or related to any of the legal relationships arising from this contract and between any of them will be resolved definitively by the Chamber. Arbitration of the Buenos Aires Cereal Exchange. The court will act as a friendly composer, with application of the Rules and Uses of the Grain Trade and of the Procedures Regulations approved by decree 931/38 and / or its future modifications, extensions or complementary norms. Furthermore, they declare to know and accept the Rules and Uses of the Grain Trade.

For the purposes of this agreement, those present, for the treaty of disputes, constitute a special address at the secretary of the Chaco Stock Exchange, with address at A. Frondizi 174 floor 7.

ARGENTINA