The Rural Voice, 1983-09, Page 37FARM ADVICE
Producer retains rights
to stored grain
Property rights of Ontario farmers
storing grain in elevators will be
safeguarded under the new Grain
Elevator Storage Act, Agriculture
and Food Minister Dennis Timbrell
announced.
The act was revised to clarify pro-
ducers' rights by ensuring that the
producer retains ownership rights to
stored grain until payment is received
for any sale of the stored grain.
"The amended act specifies that all
grain delivered to an elevator is
deemed for storage unless otherwise
established by written agreement,"
said Timbrell. "It states that the
producer retains the title to the grain
until payment is received for the sales
transaction."
However, the legislation still allows
producers to sell farm produce on op-
tion and receive partial payment im-
mediately, leaving the remainder of
payment due. In this case, the title to
the stored produce can be transferred
to the elevator operator by agreement
before the full amount is paid to the
producer.
The act also expands the powers of
the chief inspector to allow the in-
spector to seal bins, seize, remove and
even sell stored grain to safeguard the
producer's interests.
The act clarifies storage agreements
and sales transactions by requiring an
elevator operator to issue three
separate forms.
When the product is delivered, the
producer will be issued a weigh ticket
as a receipt for the amount delivered.
A grain storage receipt indicates that
the material is at the elevator for
storage and remains the farmer's pro-
perty. It must be in the farmer's
hands within 30 days of delivery or
sooner, if requested. A separate sales
agreement form must be issued when
products are sold to the elevator
operator.
Under the new legislation, every
commercial grain storage elevator
operator must hold a licence and
must carry insurance for the full
market value of the produce stored.
The operator must inform the chief
inspector of changes in banking ar-
rangements or partners in the opera-
tion. Failure to do so may result in
refusal or suspension of the licence.
"New regulations are being
prepared by ministry officials to im-
plement the new act.
Haul your own com and beans in a grain box custom built
onto your own truck.
Aluminum and Steel Truck Boxes
Custom Built Trailers Check our quality and prices
MacLELLAN WELDING
Brucefield, Ontario NOM 1J0
Bus. 519-482-7489 Res. 519-482-7444
Little Rock Farms
Dealers in flax, canola, soybeans
and corn. Good price for barley.
CALL JIM SCOTT, RIPLEY 395-5959 or 395-3586
THE RURAL VOICE, SEPTEMBER 1983 PG. 35