What is premium curve market price condition in SAP LO-AGR - SAP Agricultural Contract Management?

SAP Term: premium curve market price condition

• Component: LO-AGR

• Component Name: SAP Agricultural Contract Management

• Description: A condition type in a document that defines the price based on the premium curve.

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• Key Concepts: 
  Premium curve market price condition is a feature of SAP Agricultural Contract Management (LO-AGR) that allows users to define a premium curve for a contract based on the market price. This feature allows users to set different premiums for different market prices, allowing them to adjust their contracts accordingly. 
  
  How to use it: 
  To use the premium curve market price condition, users must first define the market price range and the corresponding premium for each range. This can be done in the contract definition screen in LO-AGR. Once the premium curve has been defined, it can be used in the contract conditions screen to set up the contract. 
  
  Tips & Tricks: 
  When setting up a premium curve market price condition, it is important to ensure that all of the ranges are properly defined and that there are no gaps or overlaps in the ranges. This will ensure that the contract is properly set up and that all of the premiums are correctly applied. 
  
  Related Information: 
  For more information on setting up a premium curve market price condition in LO-AGR, please refer to SAP Help documentation.