4 min read
Sherry Lorton: Jul 26, 2016
In our last Grain Accounting class the discussion turned to the importance of having a good banking relationship. A lender in the meeting made the comment “just don’t treat me like a mushroom.” With a lot of puzzled looks staring back at him he went...
Read More
2 min read
As a member of the grain elevator community, we often wear multiple hats over the course of a season; accountant, PR rep, grader, dispatcher,...
2 min read
Jeff Reardon: Jun 7, 2016
The word is out; grain merchandising margins are down all over the grain industry. Publicly traded and private companies are showing financial stress...
2 min read
Jeff Reardon: Mar 15, 2016
Solutions to problems have a way of gaining clarity through discussions with trusted outside counsel. Clearly originating low basis bushels is the...
5 min read
If there is anything that the past several seasons of farming has taught us, it’s that there is indeed nothing new under the sun. Looking back, the...
2 min read
If you have tried to originate grain for a day or for a lifetime, you’ve heard plenty of reasons NOT to sell grain. “OK,” you say, “why don’t we go...
2 min read
Jeff Reardon: Jan 19, 2016
Last year’s sales have been made, the numbers are great, but the receivables are growing. Will you get paid for the inventory you delivered? When...
2 min read
This year many of the ghosts of grain merchandising past have revisited us; low cash prices, higher than normal harvest basis levels, uncertainty of...
