Common use of Wheat Clause in Contracts

Wheat. Hard Red Winter (2 CWRW) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price premium/discount of [2 CWRS 13% protein minus 2 CWRW], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Wheat – Northern Hard Red (2 CNHR) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price discount of [2 CWRS 13% protein minus 2 CNHR] expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture and Agri-Food Canada. Wheat – Western Special Purpose (1 CWSP) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price discount of [2 CWRS 13% protein minus CW Feed] expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture and Agri-Food Canada. Wheat – Soft White Spring (2 CWSWS) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price premium/discount of [2 CWRS 13% protein minus 2 CWSWS], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Wheat – Soft White Spring Industrial (3 CWSWS) Fall Market Price will be determined as the Spring Insurance Price for Industrial Soft White Spring Wheat multiplied by the same percentage change in price between the Spring Insurance Price and Fall Market Price determined for Soft White Spring Wheat (2 CWSWS), expressed in $/kg. Premium‌

Appears in 1 contract

Sources: Cereal and Oilseed Crops Insuring Agreement

Wheat. Extra Strong (2 CWES) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price premium/discount of [2 CWRS 13% protein minus 2 CWES], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Hard Red Spring Wheat (2 CWRS) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price discount of [2 CWRS 13% protein minus 2 CWRS 11.5% protein], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Hard Red Spring Wheat High Protein (2 CWRS 13%) Fall Market Price will be determined as the simple average of the daily closing spot bid price in the N ALTA Region for 1 CWRS 13.5 minus price discount for average grade spread [1 CWRS 13.5% - 2 CWRS 13%] for the month of October, converted to $/kg, as published on Price and Data Quotes (PDQ) website of ▇▇▇▇▇▇▇ ▇▇▇▇▇ Commission. Hard Red Winter Wheat (2 CWRW) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price premium/discount of [2 CWRS 13% protein minus 2 CWRW], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Wheat – Northern Hard Red Wheat (2 CNHR) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price discount of [2 CWRS 13% protein minus 2 CNHR] expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture and Agri-Food Canada. Wheat – Western Special Purpose Wheat (1 CWSP) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price discount of [2 CWRS 13% protein minus CW Feed] expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture and Agri-Food Canada. Wheat – Soft White Spring Wheat (2 CWSWS) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price premium/discount of [2 CWRS 13% protein minus 2 CWSWS], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Wheat – Soft White Spring Wheat Industrial (3 CWSWS) Fall Market Price will be determined as the Spring Insurance Price for Industrial Soft White Spring Wheat multiplied by the same percentage change in price between the Spring Insurance Price and Fall Market Price determined for Soft White Spring Wheat (2 CWSWS), expressed in $/kg. Premium‌

Appears in 1 contract

Sources: Cereal and Oilseed Crops Insuring Agreement

Wheat. Extra Strong (2 CWES) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price premium/discount of [2 CWRS 13% protein minus 2 CWES], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Hard Red Spring Wheat (2 CWRS) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price discount of [2 CWRS 13% protein minus 2 CWRS 11.5% protein], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Hard Red Spring Wheat High Protein (2 CWRS 13%) Fall Market Price will be determined as the simple average of the daily closing spot bid price in the N ALTA Region for 1 CWRS 13.5 minus price discount for average grade spread [1 CWRS 13.5% - 2 CWRS 13%] for the month of October, converted to $/kg, as published on Price and Data Quotes (PDQ) website of Alberta Grains. Hard Red Winter Wheat (2 CWRW) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price premium/discount of [2 CWRS 13% protein minus 2 CWRW], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Wheat – Northern Hard Red Wheat (2 CNHR) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price discount of [2 CWRS 13% protein minus 2 CNHR] expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture and Agri-Food Canada. Wheat – Western Special Purpose Wheat (1 CWSP) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price discount of [2 CWRS 13% protein minus CW Feed] expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture and Agri-Food Canada. Wheat – Soft White Spring Wheat (2 CWSWS) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price premium/discount of [2 CWRS 13% protein minus 2 CWSWS], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Wheat – Soft White Spring Wheat Industrial (3 CWSWS) Fall Market Price will be determined as the Spring Insurance Price for Industrial Soft White Spring Wheat multiplied by the same percentage change in price between the Spring Insurance Price and Fall Market Price determined for Soft White Spring Wheat (2 CWSWS), expressed in $/kg. Premium‌.

Appears in 1 contract

Sources: Cereal and Oilseed Crops Insuring Agreement

Wheat. Hard Durum (2 CWAD) Fall Market Price will be determined as the Fall Market Price for 2 CWAD 13% less the price discount of [2 CWAD 13% protein minus ▇ ▇▇▇▇ 11.5% protein], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Wheat – Extra Strong (2 CWES) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price premium/discount of [2 CWRS 13% protein minus 2 CWES], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Red Spring Wheat (2 CWRS) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price discount of [2 CWRS 13% protein minus 2 CWRS 11.5% protein], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Red Spring Wheat High Protein (2 CWRS 13%) Fall Market Price will be determined as the simple average of the daily closing spot bid price in the N ALTA Region for 1 CWRS 13.5 minus price discount for average grade spread [1 CWRS 13.5% - 2 CWRS 13%] for the month of October, converted to $/kg, as published on Price and Data Quotes (PDQ) website of ▇▇▇▇▇▇▇ ▇▇▇▇▇ Commission. Red Winter Wheat (2 CWRW) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price premium/discount of [2 CWRS 13% protein minus 2 CWRW], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Wheat – Northern Hard Red Wheat (2 CNHR) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price discount of [2 CWRS 13% protein minus 2 CNHR] expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture and Agri-Food Canada. Wheat – Western Special Purpose Wheat (1 CWSP) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price discount of [2 CWRS 13% protein minus CW Feed] expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture and Agri-Food Canada. Wheat – Soft White Spring Wheat (2 CWSWS) Fall Market Price will be determined as the Fall Market Price for 2 CWRS 13% less the price premium/discount of [2 CWRS 13% protein minus 2 CWSWS], expressed in $/kg, for the month of October as provided by Market Analysis Group, Agriculture & Agri-Food Canada. Wheat – Soft White Spring Wheat Industrial (3 CWSWS) Fall Market Price will be determined as the Spring Insurance Price for Industrial Soft White Spring Wheat multiplied by the same percentage change in price between the Spring Insurance Price and Fall Market Price determined for Soft White Spring Wheat (2 CWSWS), expressed in $/kg. Premium‌.

Appears in 1 contract

Sources: Cereal and Oilseed Crops Insuring Agreement