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 that hydraulic hose on the tractor; it seems like there is always something leaking, at least that’s...
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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...
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...
