CHAPTER X. CRUDE SUNFLOWERSEED OIL
Article 1. Grade and
RULE S-4: Crude Sunflower
Crude Sunflower oil shall be pure sunflower oil produced from American
grown sunflower seed by either mechanical or solvent process and
conforming to standard specifications as listed in Rule S-5.
RULE S-5: Prime Crude
Prime Crude Sunflower oil shall contain: Not more than 3.0% Free Fatty
Acid. Not more than 5.0% moisture and volatile matter. Neutral oil loss
not exceeding 7.5%. Flash point not lower than 250F. Refined and bleached
color shall be no darker than A.0.C.S. 2.5 red.
Article 2. Adjustments and Variations
RULE S-6: Crude Oil
Sec 1. Buyer shall credit seller at the rate of 0.1% of the contract price
for each 0.1% free fatty acid below 2.0%; seller shall pay buyer at the
rate of 0.l% of the contract price for each 0.1% in excess of 2.0%, but
not exceeding 3.0% free fatty acid.
Sec 2. Buyer shall pay seller for loss at the rate of 1% of the contract
price for each 1% loss under 5% and seller shall pay buyer at the rate of
1% of the contract price above 5%. Loss to be calculated fractionally
Sec. 3. When refined and bleached color is in excess of A.0.C.S 2.5 red,
the oil is rejectable and settlement shall be made by negotiations between
buyer and seller.
Sec. 4. Unless otherwise agreed, other terms of this contract shall be in
accordance with the applicable provisions of the Trading Rules of the
National Cottonseed Products Association.
Note: Crude oil settlement shall be made using either Sec. 1 or Sec. 2
and Sec. 3 combined.