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Using
WheatCalc is easy and quick. The three
easy steps limits the time keying in data. You are
able to import your crop
specifications and buyer prices, premiums and discounts.
WheatCalc
has three areas of use.
1.
Pre-Harvest
2. Harvest
3. Post-Harvest
1.
Pre-Harvest
When
considering whether to forward sell a consignment of
wheat prior to harvest, WheatCalc can be used to compare
a range of alternatives.
If the buyers being considered are operating under different
premiums and discounts, you can run some 'what if' scenarios
for different quality wheat.
2.
Harvest
There
is an increasing practice these days of delivering all
wheat into warehousing during harvest and delaying marketing
until harvest has finished. Bulk handling companies
generally provide 1 months free storage to facilitate
this practice.
There
are two problems associated with delaying marketing
until harvest has finished.
1.
During large harvest stocks of unsold grain causes problems
for bulk handling companies in that certain classifications
can fill up. This can lead to growers having to store
on farm or transport to alternative sites.
2.
Premiums for certain quality for use in domestic markets
are generally greatest early in the harvest period.
Those who wait until after harvest to market their grain
often miss out on these premiums and are left with either
the pool or a discounted cash market as their only alternatives.
By
using WheatCalc, the task of identifying, which alternative
will bring the best result for wheat being harvested,
becomes much easier and much quicker. Once the wheat
specifications are in the program, it is only the click
of a button to calculate prices and decide where to
sell.
You can now harvest and market at the same time.
3.
Post-Harvest
As
a result of using WheatCalc, it is no longer a case
of spending days in the office after harvest trying
to figure out 'what wheat should go where'.
Once the details of the buyers prices, premiums and
discounts plus the specifications of the individual
loads of wheat have been entered you can simply compare
price offers as shown below.
You can now decide which loads should fill which contracts.
Sample
print out of Offers
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