Method of Payment of End Point Royalties
A grower who purchases a Seednet variety has an enduring contractual obligation to pay an End Point Royalty on all production, except grower saved seed, and this can be done in either of two ways;
Option 1
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Deliver directly to one of the authorised Collection Marketers (listed below) - the End Point Royalty (GST inclusive) is automatically deducted by the Collection Marketer upon payment for the grain, and a Tax Invoice prepared and sent to the grower.
|
Option 2
|
Growers can choose to market their commodity grain to any third party (ie non Collection Marketer), subject to payment of the End Point Royalty to Seednet. In this case, the grower must make the End Point Royalty payment (GST inclusive) directly to Seednet within 30 days after day of sale. Seednet will return a Tax Invoice to the grower.
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|
Authorised Collection Marketers
|
| Collection Marketer |
Royalties collected on these varieties |
| AGG Plumgrove |
ALL |
| AgFarm |
ALL |
| AWB Australia Pty Ltd / AWB Pools |
ALL (except Baudin Barley) |
| AT Waterfield & Son |
ALL |
|
Australian Grain Export Pty Ltd
|
ALL
|
| Australian Grain Growers Co-op |
ALL |
| Australin Growers Direct |
ALL |
| Australian Milling Group |
Pulses |
|
Blue Lake Milling
|
Possum Oats
|
| Bunge |
ALL |
| Cargill |
ALL |
| CBH Grain |
ALL |
|
Centre State Exports Pty Ltd
|
ALL
|
| Champion Seeds |
Flipper, Yorker, Moti chickpeas |
| CLEAR Commodities |
ALL |
| Toepfer International (Elders) |
ALL (except Baudin Barley) |
| Emerald |
ALL |
| Gavilon |
ALL |
| Glencore Grain |
Wheats & Barleys ONLY |
| Graincorp Marketing / Graincorp Pools |
ALL |
|
JK Milling Pty Ltd / International
|
ALL
|
| Louis Dreyfus |
ALL |
| Marubeni |
ALL |
| PASE (WA Only) |
Peas ONLY |
|
Peagrowers Co-operative Pty Ltd
|
Pulses
|
| Pentag / Nidera |
ALL |
| Pentarch |
ALL |
|
PGM Grain
|
ALL
|
|
Plumgrove
|
ALL
|
| Premium Grain Handlers |
Peas ONLY |
| QLD Cotton / Mt Tyson Seeds |
ALL |
| Riordan Grain |
ALL |
| Ruddenklau Grain |
ALL |
| Viterra |
ALL |
|
Ward McKenzie Pty Ltd
|
Pulses
|
|
Wimmera Grain Company Pty Ltd
|
ALL
|
|
Wimpak Exports Pty Ltd
|
ALL
|
It is up to the discretion of the marketer as to whether or not they are in the market for the above commodities during the harvest. Growers are therefore requested to contact their preferred collection marketer listed above to discuss marketing options and to reconfirm nearest delivery site(s).
End Point Royalties – important information applicable to all Seednet varieties.
- The contractual obligation to pay an End Point Royalty on all production (except grower saved seed) is enduring. The same conditions apply in subsequent years to commodity produced from grower saved seed.
- The grower is free to sell grain production to any third party, provided the tonnage is covered by an appropriate End Point Royalty. Consequently, if the grower has not delivered all grain production to an appointed Collection Marketer, an End Point Royalty payment is required for tonnage sold to external grain marketers or end users.
- End Point Royalties apply to all grain production (except grower saved seed) including production utilised on farm as stockfeed.
- Commodity which is sold to third parties cannot be used for seed purposes under the PBR Act, even if the redelivery obligation has been discharged by an End Point Royalty.
- No End Point Royalty is payable on production retained for use as seed (Grower saved seed) by the Grower who originally purchased the seed.
For further information on End Point Royalties and PBR:
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