145 



[NGFA No. 1 (Aug. 1990)] 



Contract No. 



Sample Grain Purchase Contract 



This Is an agreement thai the Seller 



(Seler-s Name) 



Of . 



(A(Mcess. City. Slala. Zip) 



_ has sold and agreed to deliver to the buyer _ 



(Date) (Company Name) 



at^ . 



(Address, City. Stale. Zip) 



a net quantity ol (bu. cwl.l of U.S. . 



(Circle One) (Grade and Wnd) (Commodity) (%Moisli»e) 



_lordeivefy_ 



(DeOvecy Location) (Specify Time Period lor Deftwry) 



at the purchase price ol $ per (bu. cwt ) under the following terms and conditions: 



(CIrde One) 



Terms and Conditions 



Grade and Quality Specifications: The quality of grain delivered underthls contract shall be determined at the place and time o4 

 delivery. Buyer's weights and grades to govern. All deliveries made under this contract shall be of the grade and quality specified herein. 

 Buyer reserves the right to reject Individual shipments not complying with this provision. Refusal by the buyer to accept delivery of grain 

 for this reason shall not release the seller from this contract. 



Merchantable Quality: All grain delivered under this contract shall be of merchantable quality, unadulterated, and unrestricted from 

 movement In Interstate commerce within the meaning of the federal Food, Drug and Cosmetics Ad. Environmental Protection Agency 

 tolerances, the U.S. Grain Standards Act and applicable state law. 



Llans: If any security Interests In the grain arise and are made known to the buyer through notillcallon prior to delivery of the grain, 

 acceptance of the grain in fulfillment of this conVact shall be at the option ol the buyer. Any lien notiflcallon(s) received by the buyer prior 

 to delivery of, or payment for, the grain may be honored by the buyer. 



Premiums and Discounts to Apply: Acceptance of deliveries not meeting the contract grade and quality shall be at the option ol 

 the buyer. If the buyer elects to accept such deliveries not meeting the contract grade and quality, market scale discounts and premiums 

 at time of delivery will apply, unless othen*ise specified In writing. 



The following premiums and discounts will apply to grain delivered pursuant to this contract: 



(Ovar) 



