Release of the new Forward+ terms to the AuctionsPlus User Agreement to come into effect on the 1st of July 2025.
Key updates which are being introduced are summarised below:
- Listing & Pricing:
- A Lot is valid from listing date to 5 days prior to the last day of delivery
- Priced accordingly to the price grid specified by the Processor; exclusive of skin values which are to be negotiated post-slaughter, unless otherwise agreed upon by all parties
- Processor Responsibilities:
- Must meet slaughter requirements unless agreed otherwise -
- Lambs or hoggets slaughtered within 24 hours of delivery
- All other stock categories within 48 hours of delivery
- Otherwise agreed upon in the Contract of Sale
- Must meet slaughter requirements unless agreed otherwise -
- Delivery:
- The Vendor must arrange delivery unless agreed otherwise
- Delivery & Transfer of Risk occur when the Lot has been slaughtered and the carcase has been weighed, or slaughter timeframe has expired
- Weight:
- Sold on a carcase weight basis across a grid of weight ranges
- Any carcase that does not fit within the specified grid can be rejected, or a resolution is sought through the Dispute Resolution Framework outlined in Schedule 4
If you are interested in understanding more about Forward+ or finding out how to list your sheep on Forward+, please do not hesitate to contact our office on 02 9262 4222 or info@auctionsplus.com.au
If you wish to view our full User Agreement, you can access it here.