Cotton Choices™ 3: End Point Royalty
You can choose to pay a set End Point Royalty (EPR) per bale after ginning, helping you to manage part of your production risks and cash flow.
The applicable payment date for Cotton Choices™ 3: EPR and technology fees are shown below.
|Product||Price/bale† (ex. GST)||Payment date|
|Bollgard® 3/Roundup Ready Flex®||$52.50||30 days from end of month of invoice^|
|Bollgard II®/Roundup Ready Flex||$50|
|Roundup Ready Flex|
You have until 15 March 2021 (1st planting window) and 16 April 2021 (2nd planting window) to swap between Cotton Choice™ 2: LCR and Cotton Choice™ 3: EPR when you select either of these choices on your planting audit/s for eligible fields.
- Prices exclude GST.
- ^Payment date is 30 days after the end of the month of the invoice date (ie. the date on the invoice given to your TSP).
- †Standard 227 kg bale of cotton lint.
- This offer does not apply to Roundup Ready Flex unsprayed cotton refuges over 10% of the Bollgard II planting area or 5% of the Bollgard 3 area or 10% of the Bollgard 3 area if planted after 1 November (as per the trait’s RMP requirements), or sprayed Roundup Ready Flex, as nominated in the planting audit. Bales determined via reconciliation of ginning reports received by Monsanto.