DEFERRED PAYMENT CONTRACT

DEFERRED PAYMENT CONTRACTS are used by the producer to time the receipt of income from DMG, generally for income tax planning purposes. The producer should consult with their tax accountant for property administration. Grain title is transferred to DMG grain when it's delivered or priced. Grain is NOT protected by the warehousemans or grain dealers bond, thus the producer must depend on DMG's financial strength for ultimate payment.