Full Importer Manual

Table of Contents

Chapter 1: U.S. Grains – Commodity Description

  • Corn
  • Sorghum
  • Barley

Chapter 2: Industrial Uses for Grains

  • Current Industrial Uses
  • The Wet Milling Process
  • The Wonder of Starch
  • New Avenues of Research for Industrial Uses
  • New Product Examples
  • Licensing

Chapter 3: How to Procure U.S. Grains

  • Finding a U.S. Grains (or Co-products) Supplier
  • Purchasing U.S. Grains (or Co-products)
  • Standard Contract Terms
  • NAEGA 2
  • GAFTA 27 and 30 – 35Basic Documents Employed by the Grains Trade

Chapter 4: Grain Quality and U.S. Standards

  • U.S. Grain Standards Act
  • Official Weighing Procedures
  • Official Inspection Procedures
  • Inspection Equipment
  • Official U.S. Standards: Barley
  • Official U.S. Standards: Corn
  • Official U.S. Standards: Sorghum
  • Fumigation and Grain Protectants
  • Phytosanitary Certificate
  • Complaints

Chapter 5: U.S. Export Facilities and Ocean Transportation

  • Mississippi River/Center Gulf
  • Texas or West Gulf
  • U.S. Atlantic Coast
  • Pacific Northwest
  • Great Lakes
  • Freight Options for the Overseas Buyer
  • Chartering a Vessel
  • Standard Charter Parties
  • Role of the Agent
  • Ship Types

Chapter 6: Risk Management in U.S. Grains Markets

  • Exchange Traded Futures
  • Exchange Traded Options
  • Over the Counter Swaps
  • Derivatives
  • Trade Options
  • Trade Partners
  • Hedging and Basis Trading
  • Summary of Hedging and Basis Trading
  • Market Analysis
  • User’s Guide to Exchanges in the United States

Chapter 7: Financing U.S. Grains Imports

  • Letter of Credit
  • Payment Against Documents
  • Countertrade
  • Other Payment Methods
  • Finance Options and Methods
  • GSM Financing
  • Letter of Credit Financing

Appendix

A. NAEGA FOB Contract No. 2
B. NAEGA Loading Rate Guaranty Addendum No. 1
C. GIPSA U.S. Standards for Barley
D. GIPSA U.S. Standards for Corn
E. GIPSA U.S. Standards for Sorghum

Glossary

This manual was revised August 2004.