Brownlies grain trading (BGT) integrates the traditional grain trading system which uses a broker, with new technology such as the internet to improve traders’ ability to buy and sell grain efficiently.

After completing a simple registration process, users will then be emailed their password and given access to the facilities.

Buyers and sellers of grain can list the details of their commodity. The details include whether they wish to buy or sell, the commodity type, price, quality, quantity, location and preferred delivery terms.

Other traders can then search through the listings to find the most suitable commodity, searching by commodity type, price, quality or location.

Once the required commodity has been found a contract for that commodity will be composed online and submitted. The reciprocal of that contract will then be electronically sent to the other party to sign.

When both contracts have been signed and submitted, the contact details of each party will be released and delivery can be arranged directly between the buyer and seller according to the contract.

Payment Guarantee System

Unless less other payment terms are agreed on by both the buyer and seller; the payment guarantee system then requires the buyer to make payment in one of two methods.

1. The buyer must make full payment into BGT’s Secure Holding Account at least 2 working days before each agreed delivery day. When the payment is received the seller will be notified and delivery can be made.  When BGT is notified of delivery by the buyer, or if no disputes are reported within 60 hours after delivery, payment will be made to the sellers account. If any disputes are reported and can not be solved using any form of informal dispute resolution the money held by BGT will be paid to the appropiate court.

2. Alternatively if the buyer prefers payment 30 days after end of week of delivery, this will be permitted if the buyers bank provides a bank guarantee (guaranteeing payment on the buyers default) before delivery or the buyer has otherwise proven thier ability to pay.

The payment guarantee system gives the buyer the ability to save money by buying directly from the farmer, who may previously have been unwilling to deal with an unfamiliar buyer. It also gives the seller comfort in knowing that the buyer is capable of payment, while at the same time allowing the buyer to confirm quality and quantity before payment is made

A small maintenance fee starting at 90c per tonne will be charged by Brownlies Grain Trading for each tonne that we facilitate the trading of. There is no fee unless your transaction goes through. Your listing can be withdrawn at any time prior to contract.