Price It later wheat and barley contracts
Grain Marketing • Logistics • Storage • Export • Supply Chain
Cashflow up front. Freight costs deducted up front.
Test the market until September 30, 2026.
Our price it later contract is a cashflow tool that lets you access up to 60% of your commodity value now, while giving you the flexibility to price your wheat and barley in up to three parcels from now until September 30, 2026.
How it works.
Call your local grain merchant to contract your wheat or barley and arrange for onfarm pick up.
Choose to receive either 30% or 60% of the current daily bid within 2 business days.
Price your commodity in up to 3 parcels when the market suits you between now and September 30, 2026.
Receive final payment, less the product and management fee.
Working example
In November 2025, Joe Blogs opts for a Price It Later (PIL) contract with CHS Broadbent, delivering 1,000 tonnes of barley at harvest. The ex-farm price at the time is $270/MT. This figure is used to calculate Joe’s 60% advance payment of $162,000. The grain itself remains completely unpriced, giving Joe full flexibility to set the final sale price later — the $270/MT is simply a reference value to access cash quickly.
Joe has elected to price his grain in two parcels. This allowed Joe to take advantage of rising prices. Six weeks after delivery, the market rose $15/MT, and he priced 600 tonnes at $285/MT. Joe received a payment of $9,000 (600MT X $285/MT = $171,000. $171,000 - $162,000 (advance payment) = $9,000).
Another month later, prices lifted a further $10/MT, and Joe fixed the remaining 400 tonnes at $295/MT, resulting in a gross sale value of $118,000.
CHS Broadbent applies a flat $1/tonne/month management fee, covering both storage and finance. Over the two months, this totals $2,400, leaving Joe with net proceeds of $286,600 ($162,000 (advance payment) + $9,000 (first parcel payment) + $115,600 ($118,00 - $2,400 management fee) = $286,600), or an average of $286.60/MT. This is an increase of $16.60/MT from the original $270/MT harvest price used to calculate the advance payment.
This example shows how a PIL contract allows growers to:
- 🚜 Deliver grain off-farm at harvest while still accessing early cash flow
- 📈 Capture post-harvest price gains with flexible pricing options
- 💡 Keep costs simple and transparent with a flat monthly management fee
- 🚜 Access cash flow early at harvest without being forced to lock in a price
- 📈 Retain control over pricing so you can benefit from future market movements
- 💡 Keep costs simple and transparent with a flat monthly management fee
The below table simply illustrates the above scenario.
For more information or to contract your grain, call your local grain merchant on the details below.
Victoria
Terms and Conditions
- Initial Payment: 2 business days based on either a 30% or 60% advance payment less freight costs if applicable.
- Our Price It Later Contract is governed by GTA trade rules which can be found here http://www.graintrade.org.au/contracts.
- Management fee for grain stored in CHS Broadbent sites is:
- $1.00/MT per month from contract to 30 June 2026
- $3.00/MT per month from 1 July 2026 to 30th September 2026
- grain stored at Ballarat in Price It later will be subject to a $10 bunker fee discount when price sheet reverts to delivered market in January
- Management fee for grain stored in third party sites is
- $2.50/MT per month from contract to 30th September 2026
- Your commodity sales must be finalised before 30 September, 2026. If it is not, we will establish the final price for that commodity at our discretion.
- The "Price it Later" contract will automatically be exercised/priced on any day during the pricing period if the CHS Broadbent bid is within $15 a tonne of your advance payment amount.
- All of the 'How It Works' information forms part of the Terms & Conditions.
