Agreement for contract farming of maize
Annual maize registration
The Company offers to buy grain maize. The conditions under which the crop will be grown and sold are outlined below.
Technical
Financial
(a) |
Production up to 3 500 kg/ha |
= |
20 cts/kg |
(b) |
Production from 3 501 to 4 000 kg/ha |
= |
21 cts/kg |
(c) |
Production from 4 001 kg/ha and over |
= |
22 cts/kg |
Payment for 500 kg wet weight at 14.5% (moisture)
is calculated as follows:
Required dry matter content of grain is 100% - 14.5% = 85.5%
Equation:
500 x
75%
_____________
= 438.5 Kg net x [(a), (b),
(c)]
85.5%
If you wish to grow maize on the above terms and
conditions, please complete this form and return it to the Company office
before _____________ so that we may reserve your quota of
_____________hectares.
Signed on ____/____/19___
___________________ |
___________________ |
___________________ |
Company |
Farmer |
Farmer |
Manager |
Representative |
(Farm No________) |
Source: Southern Development Company (SDC), pers. comm.