| Address: 1200 Snake River Ave., Lewiston, Idaho 83501, Local: 208-743-8551, Toll Free: 1-800-456-8551, Fax: 208-746-0721 |
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Frequently Asked Questions
What is a patronage refund? It is a payment from
a cooperative to a patron from net margins based on quantity or value of
business done with or for the patron.
How do I redeem my
patronage? To redeem
patronage you must be 70 years of age. You need to bring in the
following
What are the
different types of grain contracts? A) Flat
Priced/Forward Contract: Entire price, delivery period and units
have been established. Ownership will take place once we purchase the
grain within the specified time period according to the contract terms. B) Deferred
Payment Contract: Primeland purchases the grain and takes
ownership but the contract(s) set up the terms to pay the producer at a later
date (normally January 5, XXXX) C) Hedge to Arrive
(HTA): Also known as futures fixed. Futures price is
established, basis to be established at a later date and delivery period has
been established. D) Basis Fixed:
Basis priced and delivery period has been established. Futures price is
to be established at a later date. The benefits of
contracting is that a producer can cover their cost of production and are able
to capture prices that are paying a premium to their operating costs.
Producers should only contract at a level they are comfortable with that will
reflect a realistic crop with eh current years growing conditions with hopes
that the volumes will cover their cost of production.
How do I apply for an
account? (regular or 4-H) You need to fill
out the following If you already
have an account, you just need to fill out a
How do I apply for
tax exemption? Click on the
Tax
exemption form and mail it into your local office.
What are the benefits
of custom applications? Professional
applicators on staff Primeland
maintains application records Newest up to date
equipment Mapping ability Accuracy Reduced risk to
the producer spraying around sensitive crops and residences Cost effective Frees the producer
up Timely application
Why should I choose
Primeland for my marketing? Producers should
choose Primeland for their marketing because the marketing tools we supply
exceed and surpass our competitors. Also, our customer service,
professional manner, and efficiency in which we handle our producers is a top
priority to our staff. | ||
