1 min read
The Basis Trader's Rules
I ran across this in my favorites folder the other day. I thought it a worthy reminder of how being successful in the grain elevator business is achieved by staying true to a few simple principles.
Read More1 min read
I ran across this in my favorites folder the other day. I thought it a worthy reminder of how being successful in the grain elevator business is achieved by staying true to a few simple principles.
Read More2 min read
Last spring, things in the grain world were a mess. Huge swaths of the country were late planting or not planting at all. The general sense was that...
4 min read
Part of my job at a country elevator was buying grain from farmers. I want to be completely clear that the vast majority of my interactions were...
4 min read
What is contract integrity? Simply put, contract integrity refers to the viability and enforceability of a grain company’s policies and procedures...
2 min read
According to recent statistics, financial fraud is on a significant upswing. Last year, 82% of businesses in the United States suffered an instance...
1 min read
How many times has a farmer come into your office and told you about some "great, new marketing alternative" that the guy down the street is...
2 min read
Competition is the driving forces that determines a fair and equitable price. For the most part, your cash price to producers is based on your best...
1 min read
With so many different types of marketing alternatives available to farmers in the marketplace, how do you, at the grain elevator, decide on which...
5 min read
Cambridge dictionary defines waste of space as “a person or thing that is not useful or helpful.” In the grain storage business, it is our...
4 min read
A common refrain throughout my time and travels in the grain business is the concept of “selling the carry.” This is roundly regarded as a good thing...