4 min read
Sherry Lorton: Jul 25, 2019
Farmers require two things from grain elevators to be able to market their crops successfully. They need access to the market and the means to capture profitable sales opportunities when they occur. Positive marketing services are those that address...
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4 min read
Explain how you're the middle man, but everyone still wins.
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...
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...
