Introduction

On the AgriChain platform, a Call on Grain serves as a vital tool for notifying the relevant counterparty about the impending delivery of commodities, such as grain. This article provides an overview of the key aspects of Call on Grain and its significance in facilitating efficient delivery planning and coordination.

Key Components of Call on Grain

Tonnages Needed

Specifies the quantity of commodities required for delivery.

Delivery start date and end date

Defines the commencement and conclusion dates for the delivery period.

Consignor and Pickup Site (if relevant)

Identifies the entity initiating the delivery and the location where the commodities will be picked up, if applicable.

Consignee and Delivery Site

Specifies the recipient of the commodities and the destination site for delivery.

Additional Notes

Allows for any supplementary information or specific instructions related to the delivery.

Utilization of the Call on Grain:

• Delivery Planning: Call on Grain is instrumental in planning the periodic delivery of commodities based on factors such as tonnage requirements.
• Conveyance Term: The initiation of a Call on Grain is contingent upon the Conveyance Term specified in the commodity contract.

Conveyance Terms and Responsibilities:

• Buyer's Call: If the Conveyance Term stipulates Buyer's Call, the responsibility for initiating the call on grain rests with the buyer.
• Seller's Option: Conversely, if the Conveyance Term indicates Seller's Option, the seller assumes the responsibility for initiating the call on grain.

Conclusion

Understanding the concept of call-on-grain is essential for efficient delivery management and ensuring timely communication between counterparties involved in commodity transactions. By adhering to the specified parameters and responsibilities outlined in the Call on Grain process, users can streamline delivery operations and enhance overall efficiency in commodity trading on the AgriChain platform.