How does the delivery process work for commodities contracts ?

all deliveries must be made to an approved warehous in order to ensure futures contracts are settled according to the terms and conditions of the contract. Delivery cannot be made to any other location. Every exchange must have at least one warehouse approved to accept deliveries to settle futures contracts. The warehouse must inspect the delivery to ensure that the commodity that is delivered is the correct quantity and quality. Once inspected the warehouse will certify that it has received the commodity in good condition and as expected. At this point the commodity being delivered becomes the property of the buyer. The warehouse will await further instructions from the owner as to what should be done with the commodity. The owner may elect to have it stored at the warehouse and pay the storage and insurance charges. Or may elect to have the commodity picked up and taken on to the owners location. Delivery is NEVER made directly to the person who is long the contract. The seller of the contract is in control of the contact. If the seller of the contract wants to deliver the commodity, the seller will file a notice of intent to deliver with their FCM. The seller will detail the quantity and quality of the commodity to be delivered. If the exchange has more than one approved warehouse the seller will determine where the delivery will take place.