1 min read
Jeff Reardon: Apr 2, 2019
The process of Mark-to-Market accounting for Canadian grain elevators basically looks like this: Develop the routine of tracking data on the six essential reports: Grain Hedge Position Report Forward Purchase Contract Listing Forward Sales Contract...
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3 min read
Jeff Reardon: Mar 27, 2019
Historical business truths typically come from very simple concepts. “Price is what you pay. Value is what you get” (Warren Buffet). “A penny saved...
3 min read
One thing that we all know for sure is that we are now officially one day closer to the next big “opportunity”. Some call it a “big rally" and some...
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...
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...
