2 min read
Price Later (PL) Fees are unlike any other fees charged by grain elevators. For a background on PL Fees and what causes them to change, check out Part 1 of this Blog Series HERE. Even those with intimate knowledge of PL fees often don’t understand...
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3 min read
Understanding the idea of Minimum Price Contracts
2 min read
Depending on what area you are in, you may hear it called Price Later (PL), Delayed Price (DP), or No Price Established (NPE). All of these terms...
3 min read
We all know what’s happening this year: across much of the country, we are staring down the barrel of a bumper crop of both corn and soybeans....
1 min read
Scott Hardy: Sep 2, 2014
In my 30 plus years in the grain merchandising business, I’ve been asked to do a lot of comparisons. Elevator GMs want to know how their margins...
2 min read
And no, this is not in reference to those somewhat awkward transition moments between childhood and the teenage years; rather, it’s referring to...
4 min read
Jeff Reardon: Aug 19, 2014
This week's blog will answer some frequently asked questions regarding some alternative grain company financing tools. For a general overview of...
1 min read
Jeff Reardon: Aug 12, 2014
Volatile prices and the difficulty accessing credit during peak financing periods opened the market to provide commodity futures swaps as a method of...
1 min read
Jeff Reardon: Aug 5, 2014
Volatile prices mixed with a need to build working capital and equity pushed inventory repurchase agreements into the grain elevator financing and...
3 min read
The reason behind some buyers not volunteering this information to the elevator grain merchandiser isn’t necessarily deceitful; rather, it can be...
