Soft Offer – Yellow Corn #2 NON GMO

NEW 2021 Soft Offer – Yellow Corn #2 NON GMO Monthly delivery Up to 75,000 Mt p/month – Origin Brazil/Argentine – CIF Basis.

 

 

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SCO – Yellow Corn # 2 NON GMO

Brazil/Argentine

 

 

   

We have the pleasure to inform you that our group have negotiated this excellent option related to Yellow Corn # 2 from Brazil/Argentine.

 

 

 

 

Commodity:

 

Yellow Corn NON GMO, export quality

 

Quantity:

 

Quantity: 900,000 MT

Origin:

Brazil or Argentine

Contract duration:

12 months Contract.

 

Delivery:

75,000 MT in Monthly BASIS / CIF.

Packaging:

Bulk

Specification:

See ANNEX 1, Product Specification

 

Price:

CIF Price – US$ 285 Pmt

 

Payments terms:

SBLC or DLC: MT 760 or MT 700 – Irrevocable, Unconditional, Transferable, Divisible, Operative, Revolving.

Confirmed Bank TOP 50 for SBLC and for DLC confirmed Bank TOP 25.

MT 103 – Against shipping documents.

 

 

Delivery terms:

CIF (Incoterms 2010),

First Shipments start earliest 30/45 days after Payment instrument has been approved..

 

 

 

 

 

Inspection:

By SGS at Seller’s expense

 

 

 

 

 

 

 

Procedures:

Contract Procedures

 

0. Seller issues SCO Soft Corporate offer

1. Buyer issues LOI/RWA with full banking coordinates and permission for Soft probe.

2. Seller issues Draft Contract.

3. Buyer signs the Draft Contract and sends it back to the Seller.

4. Seller issues the final Contract to the Buyer.

5. Buyer’s bank issues and sends by swift the non-operative L/C 100% at sight to the Seller’s bank within 48 hours.

6. Seller posts Performance Bond (PB) for the value of 2 % and LC becomes operative.

7. Shipment begins. Buyer can perform a physical inspection together with SGS at the time of loading of product.

 

 

ANNEX 1

Specifications

Yellow Corn Non-GMO

In recent decades, Brazil has been among the largest yellow corn exporters and as one of the largest yellow corn producers in the world and, consequently, one of the main yellow corn producers, responsible for approximately 36% of the world exports of this commodity.

Origin: Brazil or Argentina

Yellow Corn Non GMO for Human consumption. Specifications:

Name: Yellow Corn Non GMO

 Grade: 2st

Moisture: 4% -14,5%Max

Admixture: 2,5% Max

Protein: 9% Min

Damaged Kernel: 2,0% Max

 Broken: 4% Max

Foreign Matter: 3% Max

Damaged/ Discolored/ Immature: 3% Max Weevilled

Damaged: 2% Max

Free molding, chemicals and Insects

 

Afflatoxin: 20 PPB

 

 

 

 

 

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