We do not purchase wheat at gate prices. Instead, we focus on NBC shipments at FAS or FOB Incoterms. FECOEX is interested in large shipments of hard wheat with 12.0% protein or higher at a negotiated price basis. GMO wheat is not accepted. We also give serious consideration to Wheat Flour of '00' grade.
We seek white cane sugar with an Icumsa grade between 44 and 50, packed in 50 kg P/E bags or one MT sling bags. FECO EXPORTING requires access to a "Usina" (mill) or cooperative supply basis, allowing us to draw any quantity from this allocation in any given year for multiple purchase events. A base contract application envisages 5 MMT over 5 years. We require a clear price basis and long-term supply assurance.
We target first-grade rice with 1.0% average broken grains, with approximate monthly shipments of 1,400 MT FCA, packed in 50 kg bags.