ADELAIDE, AUSTRALIA — Viterra announced on Aug. 30 that it is now offering nine-day payment for Australian customers delivering grain to approved bulk handlers, compared to the 30-day timeframe last harvest.
Dean McQueen, Viterra’s executive manager grains, said the company made the change in response to customer feedback.
"Paying growers faster supports our efforts to become the partner of choice for grain growers," he said. "Moving to nine-day payment from end week of delivery makes our offer more competitive in the market."
The change is effective immediately and will apply to all new deliveries and existing grain being warehoused. It is not retrospective for existing contracts.