Yellow Soybean Grade # 2

Commodity: Yellow Soybean Grade # 2 Non-GMO - Fit For Human Consumption

HS-CODE/NCM: 1201.00

Origin: BRAZIL

Quality Specification

_ 100% SOYBEAN NON-GMO, GRADE # 2

_ TEST WEIGHT: ............................... 54 POUNDS LIMIT MINI/ LBS BUSCHEL.

_ SPECIFIC WHEAT: ............................ 68 KG/HL MINI

_ PROTEINS: .................................. 35.0 % MIN

_ FAT: ........................................ 6.0 % MAX

_ FEBER: ...................................... 7.0 % MAX

_ ASH: ........................................ 7.0 % MAX

_ SAND: .......................................1.5 % MAX

_ Poisonous Seed/Husks: ................. None

_ OIL CONTENTS: ............................. 18.0 % BASIS

_ MOISTURE: ................................. 13.0 % MAX

_ FOREIGN MATERS: ........................... 2.0 % MAX

_ SPLITS: ..................................... 20.0 % MAX

_ SOYA BEANS OTHER COULOURS: .............. 2.0 % MAX

_ HEAT DAMAGED KERNELS: ................... 0.5 % MAX

_ TOTAL DAMAGED KERNELS: .................. 3.0 % MAX

_ Mold: ...................................... The minimum percent

_ Crop: .......................................Year 2011

Inspection: SGS or Control union at Seller's expenses at port of loading.

Crop Year: 2011 - Product available for immediate shipment.



Procedures:


1) Buyer issues a LOI or ICPO with Soft Probe

2) Seller issues FCO

3) Buyer sign, seal and return the FCO and send MT 999 for bank of seller

4) Seller issues Draft Contract

5) Buyer sign, seal and return the Contract, seller sign the Contract and return to the Buyer
6) Buyer and Seller deposit a copy of the executed Contract to their respective Banks.

7) Within 3 (three) banking days, Buyer Bank sends a Non-operative SBLC or BG for total negotiation value to the seller’s Bank

8) Within 48 hours Seller's Bank sends Proof of Products (POP) + PB 2% via Swift Bank to Bank methods to the Buyer’s Bank

9) SBLC or BG operative.

10) Shipment.