For farmers looking to guarantee payment when delivering grain this fall, it's important to make sure that the company accepting the grain is licensed by the Canadian Grain Commission.
Catherine Jaworski, Manager of Producer Protection with the Canadian Grain Commission says they require licensed grain companies to provide security to cover money owed to producers for grain deliveries.
"Should a company become insolvent, or if they fail to pay producers for the grain, then the purpose of the security that we hold is to compensate producers," she explained.
Jaworski adds when making delivery, it's important for farmers to get a primary elevator receipt, grain receipt or cash purchase ticket that identifies the grain, grade, weight, price and date of delivery. Scale tickets are not accepted for compensation claims.
It's also important to ask for payment after every load or every few loads.
Farmers are asked to contact the Canadian Grain Commission if they experience problems with grain delivery payments.