Revised edition released by the German Exchanges for Cereals and Products valid for all contracts entered into from December 1st 2017. The edition takes into account recent developments in legislation and the dispensation of justice and contains for the first time a common regulation for the sampling of cereals and feedingstuffs.
The Unified Contract Terms are designed to govern:
- Contracts for the sale of agricultural products and manufactured goods produced from these products
- Contracts for the sale of feeding stuffs and fertilisers
- Contracts related to the packing, transport insurance and storage of the above-mentioned products, as well as
- Commission and brokerage contracts Recent important changements in legislation have been made with regard to quality and deficiencies in quality.