A pump that is inserted into
55 Gallon Drums to retrieve oil or other liquid inside. Drums can be either automatic or manual.
A company that buys and re-sells a variety of finished products. The advantage to working with distributors is that they are often industry specific (for example, food service suppliers sell to restaurants within a given area) and provide you with a “one-stop-shop” to get all of your items with lower minimums than you would be required to order if you were buying direct.
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A cultivar is a plant or group of plants selected for desirable characteristics. In regards to olive oil, it is the type or
varietal of olive used.
Oil made from the seeds of the cotton plant. These cotton plants are grown for cotton fiber, meal for animal feed, and oil. This oil has been traditionally produced using both
solvent expelling and
genetic modification.
Oil make from corn kernels. This oil has been traditionally produced using
solvent expelling and the corn is usually grown using
genetic modification. However,
Non-GMO Expeller Pressed Corn Oil is now available on the market.
The copra is the dried meat of the coconut that has been removed from the shell and dried or smoked and saved for future use. The copra is often used to make refined conventional coconut oil.
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A reservation of product, for example bulk oils, for a period in the future. A contract locks in supply availability within a particular time frame, as well as pricing (though sometimes, it locks in just one portion of the pricing, for example, only the board or only the basis). Contracts include terms and conditions that spell out when the inventory is to be taken, and penalties for not following the planned delivery schedule or paying invoices.
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A statement or letter from a supplier/vendor that the customer is getting — and will continue to receive — the product that they think they are getting.
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A bulk oil that is considered a
commodity (e.g., conventional RBD canola oil and conventional RBD soybean oil).
