THE GRAIN AND FEED TRADE ASSOCIATION. LIST OF CONTRACTS AND RULES
GAFTA 1. General Feedingstuffs Bags CIF TQ
GAFTA 2. Chinese Goods Bags Parcels CIF TQ
GAFTA 4. UK Produced Cakes/Meal
GAFTA 5. Pet Food Raw Materials Bulk/Bags CIF
GAFTA 6. Pet Food Raw Materials Bulk/Bags FOB
GAFTA 8. Locust Beans Bulk/Bags CIF TQ
GAFTA 9. Imported Feeding Meat Meal/Meat & Bone Meal Bags CIF TQ
GAFTA 10. Fish meal Bags CIF TQ
GAFTA 12. Australian Grain---------------------------- Bulk Cargoes CIF TQ
GAFTA 13. Australian Offals---------------------------- Bags Parcels CIF TQ
GAFTA 14. Australian Grain----------------------------- Bulk Parcels CIF TQ
GAFTA 14A. Australian & New Zealand Peas Bags Parcels CIF TQ
GAFTA 15. Imported Feedingstuffs----------------- Bags CIF TQ
GAFTA 16. Australian Seed------------------------------ Bags Parcels CIF TQ
GAFTA 17. General Short form------------------------ CIF
GAFTA 21. Intra-Asia Feedingstuffs--------------- Bulk/Bags CIF, C&F TQ
GAFTA 23. Pulses for Human Consumption Bulk/Bags FOB
GAFTA 23A. FAS Addendum----------------------------- FAS
GAFTA 23B. C&F Terms Addendum--------------- C&F
GAFTA 24. Pulses for Human Consumption Bulk/Bags CIF, C&F TQ
GAFTA 25. Pulses for Feed------------------------------- Bulk CIF TQ
GAFTA 27. Canadian & USA Grain------------------ Bulk Cargoes CIF TQ
GAFTA 30. Canadian & USA Grain------------------ Bulk Parcels CIF TQ
GAFTA 31. Canadian Pacific Coast----------------- Bulk Parcels CIF TQ
GAFTA 32. La Plata Grain---------------------------------- Bulk/Bags Cargoes CIF RT
GAFTA 35. La Plata Grain---------------------------------- Bulk/Bags Parcels CIF TQ
GAFTA 36. La Plata Grain---------------------------------- Bulk/Bags Parcels CIF RT
GAFTA 38. Grain from Argentina---------------------- Bulk FOB
GAFTA 39. Feedingstuffs from Argentina------- Bulk FOB
GAFTA 41. La Plata Grain---------------------------------- Bulk Parcels CIF RT
GAFTA 43. South American Offals-------------------- Bulk Parcels CIF RT
GAFTA 48. Central & Eastern Europe-------------- Bulk Parcels/Cargoes CIF TQ
GAFTA 49. Central & Eastern Europe-------------- Bulk/Bags FOB
GAFTA 54A. Baltic Grain------------------------------------- Bulk/Bags Parcels/Cargoes CIF RT
GAFTA 59. South African Grain------------------------- Bulk Cargoes CIF TQ
GAFTA 60. South African Grain------------------------- Bulk Parcels CIF TQ
GAFTA 61. Mediterranean & Moroccan------------ Bulk/Bags Cargoes CIF TQ
GAFTA 62. Mediterranean & Moroccan------------ Bulk/Bags Parcels CIF TQ
GAFTA 64. General Grain----------------------------------- Bulk FOB
GAFTA 76. Addendum-Malting Barley
GAFTA 78. Goods by Rail----------------------------------- Bulk RT
GAFTA 79. UK & Ireland Grain--------------------------- Bulk CIF RT
GAFTA 79A. UK & Ireland Grain------------------------- Bulk FOB
GAFTA 79B. UK & Ireland Grain Delivery/Collection
GAFTA 80. EU Grain Bulk Parcels/Cargoes CIF RT
GAFTA 80A. EU Grain Bulk Parcels/Cargoes CIF TQ
GAFTA 81. General – goods CIF
GAFTA 82. General – goods FOB
GAFTA 83. Grain, Transhipment/re-shipment Bulk Parcels/Cargoes CIF TQ
GAFTA 84. Short form
GAFTA 85. Addendum for Transhipment
GAFTA 86. Grain – Containers FCL
GAFTA 86A. Grain - Short form – Containers FCL
GAFTA 87. Addendum for Organic Goods to the EU
GAFTA 93. Addendum – European Quality Terms for Feedingstuffs
GAFTA 94. Arrival terms for Grain Bulk RT
GAFTA 94A. Arrival terms for Grain Bulk TQ
GAFTA 95. Arrival terms for Feedingstuffs Bulk TQ
GAFTA 96. Tapioca, Manioc Cassava Bulk CIF TQ
GAFTA 97. North American Soyabean Meal/Pellets Bulk CIF TQ
GAFTA 98. North American Soyabean Meal/Pellets Bulk CIF TQ
GAFTA 99. HIPRO Soyabean Meal/Pellets Bulk CIF TQ
GAFTA 100. Feedingstuffs Bulk CIF TQ
GAFTA 100A. Feedingstuffs in Full Lash barges CIF
GAFTA 101. Feedingstuffs Bulk CIF RT
GAFTA 102. Feedingstuffs –transhipment to UK Bulk Parcels/Cargoes CIFFO TQ
GAFTA 103. Feedingstuffs- to the UK Bulk CIF TQ
GAFTA 104. Feeding Fishmeal Bulk CIF TQ
GAFTA 107. Feedingstuffs – Containers Bulk/Bags FCL
GAFTA 108. Feedingstuffs – Short form – Containers Bulk/Bags FCL
GAFTA 109. Feedingstuffs – Ex store/silo Bulk
GAFTA 110. Grain – Ex store/silo Bulk
GAFTA 111. General – Delivered at Destination
GAFTA 112 Feedingstuffs, Free Out Alongside Buyers Berth, Denmark Bulk TQ
GAFTA 113 UK Produced Marine Animal Origin Feedingstuffs Bulk/Bags Delivery
GAFTA 114. Fertiliser Bulk/Bags CIF/CIFFO TQ
GAFTA 115. Molasses FOB
GAFTA 117. Model Computer Contract form
GAFTA 118. Feeding Fishmeal Bulk/Bags FOB
GAFTA 119. Feedingstuffs – General Bulk/Bags FOB
GAFTA 120. Thai Rice Bulk/Bags FOB
GAFTA 122. Rice Bags CIF
GAFTA 200. General Euro-supply terms Bulk/Bags Delivery/Despatch/Collection
GAFTA No.1 GAFTA CHARTER PARTY TERMS – Parts 1,2,3,
GAFTA 72. Insurance terms
GAFTA 123. Weighing Rules
GAFTA 124. Sampling Rules – Rules for Sampling, Analysis Instructions and Analysis Certification.
GAFTA 125. Arbitration Rules
GAFTA 126. Simple Dispute Arbitration Rules Agreement
GAFTA 127. Arbitration Rules for Charter Parties
GAFTA 128. Mediation Rules Agreement
GAFTA 129. UK Loading Port Terms
GAFTA 130. Register of Analysis Methods
GAFTA 131. Standing – in clauses
Charter Party Agreement
EU Directive 96/25/EC as amended
Letters of Credit
The Grain and Feed Trade Association is a worldwide organisation promoting international trade in grains, animal feedingstuffs, pulses and rice.
With more than 900 Members in 80 countries, the Membership of GAFTA is quite diverse. Our interests are widespread and Members are all within the general categories of:
Importers, Exporters, Brokers, Dealers, Manufacturers, Processors of raw materials for human and animal consumption, Millers, Brewers, Distillers, Analysts, Superintendents, Forwarding Agents, Arbitrators, Banks and Solicitors
Services to Members are many, but principally we are active worldwide in three main areas:
•-- -Trade Policy & Legislation Issues
•-- -Training & Education.
The Association was formed from two early Associations, The London Corn Trade Association Ltd. (founded 1878) and The Cattle Food Trade Association Inc. (founded 1906), which merged in 1971 to form GAFTA, The Grain and Feed Trade Association. GAFTA, an acronym, is also our trade mark, easy to remember and conveniently short for telex and other messages. Several years ago a High Court Judge was quoted as saying: "acronyms are only useful when they refer to something really well known, such as GAFTA".
1. Contracts & Arbitration
The range of GAFTA contracts, about 80 covering GIF, FOB, and delivered terms, are kept under constant review and altered as necessary to follow trade practices and requirements, all contracts were updated and republished effective March 2000. A further update has recently been completed, these have been published and will be effective January 2003. Any amendments or proposed new contracts are considered by the International Contracts Policy Committee. The contracts provide for trade in different commodities which include those covered by the generic terms "grain" and "feed". They cover the principal cereals such as wheat, barley, maize (corn), as well as oilseed cakes and meals, fishmeal, pulses and rice, from different origins worldwide, for different methods of transportation or for different terms of trade.
Internationally more than 80% of the world's trade in cereals, and a significant proportion of trade in animal feeds, moves on the terms of GAFTA contracts.
The different trading terms are cost, insurance and freight (GIF) and free on board (FOB) and various variations of these. There is also the qualification on some contracts that they are "Tale Quale", which means that the Buyer agrees to accept the goods as they come - subject to their being shipped initially in good condition. The other qualification is Rye Terms, which means that the condition of the goods on arrival is guaranteed by the Seller.
One very important fact about GAFTA contracts is that they are drawn up by trade members to suit trade practices - as these change, so the contracts may have to be changed. GAFTA contracts do not impose trade practices and methods on to the Trade.
Bearing this in mind, GAFTA's Committees have, at the request of the international trade,, drawn up and included in their contracts quality and condition parameters, sampling rules and, more recently, a superintending scheme under which all superintending companies/organisations have to abide by a strict code of practice. GAFTA, through its contracts and rules, assists in providing the successful execution of a contract between Buyer and Seller. The importance of certainty and the old adage "my word is my bond" cannot be stressed enough in the international trade, and GAFTA provides these trading platforms.
Alongside the standard forms of contract, the arbitration service is well respected. The service has been developed so that trading companies are willing to be judged by their peers, rather than having disputes referred to the Courts.
The Arbitration Rules are printed in a separate booklet, Form No. 125, but by virtue of the Arbitration Clause they are deemed to be part of the contract.
Arbitrators must be Members of the Association who are or have been engaged in the Trade and who are registered on the List of Qualified Arbitrators. They are normally appointed by the parties, but the Association can also appoint Arbitrators in cases where one of the parties fails or refuses to do so. The Association provides a two tier system, with one or three arbitrators for the first arbitration who usually deal with a dispute on documents only, and a second tier where a Board of Appeal is elected by the Association from a committee for that purpose. At appeals each party is usually represented by an agent engaged in the Trade, at an oral hearing. GAFTA arbitration rules provide that arbitrations may be held wherever the parties agree.
2. Trade Policy Legislative Issues
GAFTA's services in the context of Trade Policy are to protect the interests of Members. GAFTA has excellent contacts with government departments and many other international authorities and organisations concerned with Agriculture, to whom we try to make prompt and effective representation on behalf of Members when required. The Trade Policy Department covers areas such as international trade negotiations, the Common Agricultural Policy, trade legislation, plant and animal health regulations, customs nomenclature, in fact, any issue which has a bearing on World Trade. In general we will support any issue for different representative sectors within our Membership, providing it falls within our general remit of "liberalisation of trade".
Information circulars are sent out on a weekly basis, highlighting current affairs and matters affecting the agricultural trade. Every other month a Newsletter reports on Trade, contractual matters, news about Members and forthcoming international events. The GAFTA Handbook incorporates a list of all Members, with contact names, numbers and details of their trading activities, as well as including a full listing of the GAFTA Committees and the Analysts' reports for the relevant year.
GAFTA Traders Manual - A New Service for Members
INTRODUCTION TO THE INTERNATIONAL STANDARD OF BEST PRACTICE
The GAFTA Standard for the international grain and feed trade is an all-encompassing system for | adaptation worldwide to provide safe food and feed materials. It links together the best practice (HACCP-based approach) on transport, storage, loading, discharge, supervision and analysis from farm onwards for combinable crops and dry, moist and liquid feed materials. These key elements are explained below.
In the GAFTA Traders Manual the best practice on the storage of combinable crops and dry, moist and liquid feed materials looks to ensure that the goods' quality and condition when placed in store will ; be maintained throughout the storage period by the Storekeeper. The key points of control are: -
•-- -Structure & conditions of the store - secure, enclosed, clean and fit for the purpose.
•-- -Cleaning procedures - scheduled for both the structure and handling equipment.
•-- -Pest control - critical control programme required to protect against, monitor and treat pest ingress into the store & stored commodities.
•-- -Monitoring of stocks - the storekeeper through monitoring the stocks looks to maintain the quality and condition alongside gathering key information such as temperature readings, salmonella status, treatments applied etc.
•-- -Record keeping - key information source for storekeepers and store users to demonstrate cleaning, monitoring tasks are performed and aids traceability requirements.
•-- -Excluded Products - several products due to their toxic or contaminant nature are excluded from being stored along with combinable crops and dry, moist and liquid feed materials - the storekeeper must observe these restrictions.
Loading. Discharge. Supervision & Handling
In the GAFTA Traders Manual the best practice is given on the loading, discharge and supervision looks to ensure that the goods' quality and integrity when loaded or discharged will be maintained throughout these operations by the operators under the supervisory role of the GAFTA Superintendent. The key points of control are: -
•-- -Weighing - to be undertaken via a secure route in accordance with the GAFTA Weighing Rules No. 123.
•-- -Record Keeping -- records to- be- maintained- on- equipment cleaning- and- weight calibrations/checks.
•-- -Sweepings/spillage - to be uplifted and accounted for.
•-- -Organic/GMOs - special attention paid to the handling of organic and genetically modified materials when instructed to by the goods' owner.
•-- -Supervisory operations - in accordance with the contracting parties' instructions, GAFTA Sampling Rules No. 124 and the GAFTA Rules and Code of Conduct for Approved Registered
Superintendent and Surveying Companies.
In the GAFTA Traders Manual the best practice is given on the operations of independent analysts appointed to determine the quality of combinable crops and dry, moist and liquid feed materials in accordance with GAFTA Methods of Analysis Form No. 130. The key points of control are: -
•-- -Proficiency - GAFTA approved analysts are ring tested twice yearly under the GAFTA Analysts Scheme to check their continuing ability to follow and understand the GAFTA Methods of Analysis Form No. 130.
•-- -Conduct & Responsibilities - GAFTA approved analysts are governed by the GAFTA Rules and Code of Conduct for Approved Registered Analysts concerning independence, neutrality, sub¬contracting, sample retention and the issuing of reports/certificates.
In the GAFTA Traders Manual the best practice is given on the transport of combinable crops and dry, moist and liquid feed materials looks to ensure that the goods' quality and condition will be maintained and that the risk of contamination is eliminated, and where not possible, minimised and controlled. The transportation covered from the farm onwards is: -land Waterway
Shipment by Sea/Ocean
The key points of control are: -
•-- -Structure & conditions of the transport unit- secure, enclosed, clean and fit for the purpose.
•-- -Inspection - prior to loading a visual inspection of the exterior and load compartment must be undertaken.
•-- -Cleaning procedures - scheduled for both the load compartment and handling equipment following discharge.
•-- -Record keeping - key information source to demonstrate that cleaning, inspection and three previous load checks are performed and to aid traceability requirements.
•-- -Excluded Products - several products due to their toxic or contaminant nature are excluded from being carried in the load compartments used for combinable crops and dry, moist and liquid feed.
Pest Control & Fumigation
With the GAFTA Traders Manual aim of minimise losses and damage
The best practice is given to implement and manage a critical control programme necessary to protect against, monitor and treat pest ingress into the store & stored commodities. In addition the specialised area of fumigation is covered where the best practice calls for the use of fully trained fumigation experts.
Traders need to be aware that any cross-border movement could be required to comply with the importing country's phytosanitary controls (plant/weed control). The best practice on identifying the importing country's requirement is set out to ensure that the trader can comply with the phytosanitary controls for any importing country. The best practice looks to ensure that significant costs and delays do not occur where a consignment is refused import entry due to non-compliance with the phytosanitary rules.
Traders need to be aware that any cross-border movement could be required to comply with the importing country's sanitary controls (animal disease control). The best practice on identifying the importing country's requirement is set out to ensure that the trader can comply with the sanitary controls for any importing country. The best practice looks to ensure that significant costs and delays do not occur where a consignment is refused import entry due to non-compliance with the sanitary rules.
In the GAFTA Traders Manual the best practice is given on the operations and conduct of brokerage companies in accordance with the contracting parties' instructions and the GAFTA Rules and Code of Conduct for Brokers.
GAFTA Rules. Regulations & Codes of Conduct
Professional conduct must be guided by basic rules of professional ethics and the adherence to all applicable laws and regulations, in order to uphold the integrity, honour and dignity of the trading profession. GAFTA Members are committed to ethical professional conduct and operate in good faith to their motto "My Word is my Bond".
The GAFTA Traders Manual sets out the required professional conduct with detailed provisions made on Members' conduct, the complaint procedure and disciplinary regulations.
Arbitration & Dispute Resolution
The GAFTA Traders Manual seeks to minimise disputes, however where a dispute does arise the Manual provides all the relevant information on the practice of arbitration and dispute resolution -GAFTA Rules, A to Z Guidelines, Criteria for Qualified Arbitrators and Mediators.
Introduction to HACCP
With the aim of minimising losses, damage and contaminant risks being central to the GAFTA Standard of Best Practice the HACCP approach is taken to achieve this aim. The basics of applying HACCP to the supply chain to achieve best practice are explained.
Within any best practice operation the use of reference material can prove invaluable for personnel. The GAFTA Traders Manual provides extensive reference material covering GAFTA Training, GAFTA Methods of Analysis, the specialised supply of GMOs, and Organic Products, International Rules & Guidelines such as the carriage of dangerous goods, and Contract Negotiation.
The use of this supplementary information can enhance further the best practice operations, and the skills and knowledge of the Trader.
3.------ Training & Education and International Events
GAFTA launched its Continuing Professional Development Programme in 1996. This provides Members with a wide range of training and educational activities on all aspects of the grain and feed trade from Foundation Level, Grade 1 to the Advanced Level of Grade 3
The GAFTA Annual Dinner is one of the main gatherings of the international trade. The dinner has been held in London regularly since 1909 and is nowadays attended by more than 1000 Members and their guests. The support which is given to this dinner demonstrates the importance which Members attach to developing and maintaining personal contacts.
GAFTA's main objectives are to promote free trade and to protect its Members.