1 min read
What Are “Basis Eyes” and Why Are They So Important?
There are several different ways to say it, but at the core having basis eyes means
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2 min read
Is Deferred Price the Answer?
A big drop in prices has farmers understandably reluctant to sell, but the grain industry still needs to grind, process, ship, and otherwise do what...
4 min read
Rockefeller's Roadmap for Profitable Grain Merchandising
Leveraging wisdom from tycoon John D. Rockefeller can translate to sustained success for grain elevators
4 min read
5 Actions to Take Before Harvest
Take advantage of this transition period to reflect, strategize, and prepare for the upcoming season. Summertime in the grain business is both a time...
1 min read
Attitude Is Important to Grain Buying
I was recently talking to someone who buys 90% of the grain that crosses the scales; some spot and some forward contracted. The approach is nothing...
1 min read
Steering Clear of Common Pitfalls for Grain Cooperative Boards
The vitality of Feed & Grain Cooperative Boards is intrinsically linked to their ability to avoid common blunders and implement effective solutions....
1 min read
Keep Your Long Futures in the Nearby and Your Short Futures in the Deferred
Old Advice for Current Times I first heard this maxim about 25 years ago, and it wasn't new then. The person who shared it with me learned from an...
3 min read
3 Ideas Grain Merchandisers Can Plant This Spring
Spring is a chance to create a firm foundation for the coming year.