CBH Harvest Pool Payment Updates
Pool management have recently reviewed the current underlying sales profiles in all 2022/23 Harvest Pools.
As a result, the decision has been made to adjust payment timings and percentages in the Canola, Oats and Wheat Harvest Pools to better reflect the sales profiles within each pool.
Canola Harvest Pool
The Canola Harvest Pool was originally scheduled to finalise in September, the finalisation will now occur in November and a top-up of 10% of the pool equity will be paid in October.
| Payment Profile | Oct-22 | Apr-23 | Jul-23 | Oct-23 | Nov-23 |
|---|---|---|---|---|---|
| Advance | 75% | 0% | 0% | 0% | 100% |
| Deferred | 0% | 0% | 80% | 0% | 100% |
| Distribution | 0% | 40% | 80% | 90% | 100% |
| Flexi Loan | 0% | 40% | 80% | 90% | 100% |
| Harvest Loan | 0% | 40% | 80% | 90% | 100% |
Oat Harvest Pool
The Oat Harvest Pool was originally scheduled to finalise in January, the finalisation of the pool will now occur November.
| Payment Profile | Oct-22 | Apr-23 | Jul-23 | Oct-23 | Nov-23 |
|---|---|---|---|---|---|
| Advance | 70% | 0% | 0% | 0% | 100% |
| Deferred | 0% | 0% | 70% | 0% | 100% |
| Distribution | 0% | 30% | 70% | 85% | 100% |
| Flexi Loan | 0% | 30% | 70% | 85% | 100% |
| Harvest Loan | 0% | 30% | 70% | 85% | 100% |
Wheat Harvest Pool
The Wheat Harvest Pool was originally scheduled to finalise in November, the finalisation of the pool will now occur in September.
| Payment Profile | Oct-22 | Apr-23 | Jul-23 | Sep-23 |
|---|---|---|---|---|
| Advance | 75% | 0% | 0% | 100% |
| Deferred | 0% | 0% | 75% | 100% |
| Distribution | 0% | 30% | 70% | 100% |
| Flexi Loan | 0% | 30% | 70% | 100% |
| Harvest Loan | 0% | 30% | 70% | 100% |