Business & Policy
How to make sure you get paid for your grain
Delivering grain soon? Reduce your risk of not getting paid by following these recommendations.
Before you make a grain delivery, make sure you're delivering grain to a company licensed by the Canadian Grain Commission. As part of its mandate to work in the interests of grain producers, the Canadian Grain Commission requires licensed grain companies to provide security to cover money owed to producers for grain deliveries. Unregulated grains and deliveries of any grain to unlicensed grain companies aren't eligible for compensation in the event that payment terms are not met.
"Grain producers should contact the Canadian Grain Commission immediately if they experience any trouble or delays getting paid. Waiting too long could put your eligibility for compensation at risk," said Patti Miller, Chief Commissioner, Canadian Grain Commission in a press release.
For more information, visit: http://www.grainscanada.gc.ca/producer-producteur/licence/risk-risque-en.htm
October 13, 2017 By Canadian Grain Commission