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 analysis will help to shape the necessary decisions to achieve the goal. Each region and location is...
Read More
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...
4 min read
Some costs in business are unavoidable. Production Agriculture is no different. It seems like everyone is trying to take a piece from you at every...
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...
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...
