Relevant to: Buyers and Growers
Navigation tree: Transactions > Payments
In the instance where a contract contains additional locations for the commodity to be delivered to (aside from the primary location), the final payment price may be adjusted based on where the product is delivered and the spread of each location.
Should a grower choose to deliver their product to an alternative location to the primary location (both of which will be outlined in the contract), the spread of that location will be added to the base price per metric tonne.
For example, a buyer that creates a contract with a base price of $200, Brocklesby set as their primary location, and Brookstead as an alternative location with a spread of -$5, will only pay $195 per metric tonne if the grower chooses to deliver to Brookstead.
For more information on location spreads please refer to the Definition of Common Terms article.