Mitigate Trade Risks
Recent wet weather conditions in China have prompted Chinese traders to purchase more US, Canadian and Australian soft wheat than in previous years. These buyers are particularly after quality milling wheat used for food. The USDA has increased its forecast for Chinese soft wheat imports for the 2013-2014 crop year from 3.5m tonnes to 8m tonnes. In the past few years we have seen China move up its corn imports and wheat could be next.
Having extensive experience in port handling operations, in both the exporting countries and in China, SGS Agricultural Services offers a wide range of services to help mitigate the many risks that traders face including loading and discharge supervision, identity preservation and traceability services and personalized stock monitoring systems.
SGS China has over 8,000 employees with offices and labs in the most important ports. As a result, we can offer exporters additional destination support and coverage, if needed.
LOADING & DISCHARGE SUPERVISION
SGS’s loading and discharge supervision services help to protect the safety, integrity and quality of your products.
Our loading supervision and discharge supervision services include:
· Sampling and quality testing
· Quantity and weight
· Packaging and labeling verification
· SGS sealing
· Control of loading and discharge operations
· Grading and certifying the reception of produce and shipments
· Temperature monitoring
FULL OUTTURN GUARANTEE (FOG)
SGS provides a full outturn guarantee (FOG) service that covers weight discrepancies detected between the loading and discharging of a shipment.
Under an outturn guarantee, we assume responsibility for any such weight differences in accordance with the custom of the port and/or the terms of your contract. The FOG minimizes your trade risks by covering any shortfalls that occur due to:
· Customary trade losses
· Errors in weighing, gauging and measuring
· Unknown factors that we cannot assign to another party
Other guarantee services:
· Comprehensive Cover
· Full Outturn Quality (FOQ)
· Rejection Guarantee
· Seller’s Interest / Contingency Insurance
SGS ensures quality and reduces risk for companies trading commodities. We provide our customers with independent and impartial services that enable them to identify, manage and reduce risk. Our experts deliver risk management solutions, drawing on our testing and inspection capabilities to verify risk prevention measures are in place. Across a wide range of industries we assist with compliance to international risk management standards.
SGS is the world’s leading inspection, verification, testing and certification company. We are recognized as the global benchmark for quality and integrity. With more than 75,000 employees, we operate a network of more than 1,500 offices and laboratories around the world.