2 min read
Jeff Reardon: Aug 14, 2018
How much unrealized profit or loss do you want to pick up on your financial statements? The answer to this question determines the method grain companies use to value inventory and forward contract positions. It also sparks the best discussions on...
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1 min read
Jeff Reardon: Aug 8, 2018
Producing financial statements monthly is the best way to monitor the progress of your business. Monthly statements that include a Balance Sheet and...
2 min read
Jeff Reardon: Aug 6, 2018
The end of summer brings thoughts of planning and profitability. Grain companies that buy grain from producers and sell it immediately to users of...
2 min read
Sherry Lorton: Jul 11, 2018
When you see what appear to be good, well-established, long-standing companies suddenly fall apart it makes you wonder:
1 min read
Jeff Reardon: Jul 21, 2017
The first step is to eliminate break even from the discussion, no grain company is in business to break-even. Decide on a profit target and this...
3 min read
Year after year the most successful grain companies are those that execute a plan to acquire the majority of their ownership before harvest....
2 min read
Grain origination isn’t exactly easy. Successful grain origination programs take time and resources to develop. Since your ability to originate grain...
1 min read
Jeff Reardon: Mar 7, 2017
Financial dashboards are an efficient way to integrate long term goals into your monthly management process. The most effective dashboards have...
3 min read
On the farm, you’re likely never very far off from having to plug the next leak. The tire on the planter, the head gasket on the service truck or...
1 min read
Jeff Reardon: Dec 6, 2016
Efficiency is the word I hear most often when talking with grain company CFO’s. The Sales, Operations, and Finance business segments need to be...
