5 tips for merchandising success in a no-carry year

Grain companies can still see profitability in a tough economic climate.

Jason Wheeler

February 14, 2023

Larisa Koshkina | Pixabay

Larisa Koshkina | Pixabay

With harvest 2022 behind us, thecommercial grain industryis once again faced with a year ofvery little to no-carryin the futures market.

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Engage, train ag's future leaders with ‘Serious Education Games’

Haley Laufenberg

Haley Laufenberg

Feed Mill Biosecurity Audit App From Anitox

Feed mill biosecurity audit app now available

Growmark New Headquarters

GROWMARK moves to new corporate headquarters

Commodities

USDA cuts production, yield forecasts in October WASDE

Latest report sets corn harvest at 15.065 billion bushels and soybean harvest at 4.104 billion bushels.

Tractor In Field Harvesting Soybeans Taylormariecasey13 Pixabay

Brand Insights

Screw conveyor drives from SEW-EURODRIVE

SEW-EURODRIVE, Inc.

SEW EURODRIVE’s enhanced screw conveyor drive offers four individual sealing areas for unprecedented protection against contaminants and abrasives.

Screw conveyor drives from SEW-EURODRIVE

Grain Merchandising

Agribusinesses embrace technology to transform grain merchandising

Panelists at barchart’s Grain Merchandising & Technology Conference reveal how mobile apps and digital signatures improve process efficiency.

(From left) Kevin Clausen, principal of John Stewart and Associates, and moderator Mike Hogan, CGB Enterprises Inc.’s corporate origination manager.

Grain Merchandising

5 grain merchandising actions to take before harvest

Take advantage of this transition period to reflect, strategize and prepare for the upcoming season.

Filling Tractor Trailer With Corn

Podcasts

Grain contract automation impacts customer engagement [Podcast]

Bushel Farm app is set to change grain contract management, marketing and organization for producers and grain elevators.

Farmer With Tablet In Soybeans Pixabay

Grain Merchandising

Bushel launches grain contract automation feature

Grain buyers can improve origination and relationships by making it easier for farmers to market their grain, manage their farms.

Agriculture Technology

Geospatial data product analyzes planted U.S. commodities

USDA's interactive map of agricultural fields provides crop acreage estimates and historical planting decisions.

Grain Harvest Neelam279 Pixabay

Legislative News

Emoji costs farmer $82,000 for breach of contract on grain delivery

A farmer failed to deliver on a contract with South West Terminal in Saskatchewan, saying his thumbs up emoji wasn't approving the contract.

Gavel 2492011 1920

Podcasts

Grain storage prices soar amid 'perfect storm' of financial pressures [Podcast]

Elevated interest rates and inflationary forces mean grain elevators need to adjust their strategies, resulting in wider basis and lower bids.

Grain Elevator Black And White Pixabay

Mergers & Acquisitions

Argus acquires sustainable ag pricing provider Mercaris

Mercaris offers price assessments, analytics and forecasts for organic and non-GMO commodities.

Merger Acquisition Stocks Iqoncept Bigstock

Grain Merchandising

South Dakota PUC clears grain trader of violating license terms

Commission voted unanimously that Banghart Properties did not exceed the $5 million limit for grain purchases on its license.

Gavel 2492011 1920

Grain Merchandising

South Dakota grain dealer faces disciplinary hearing

Public Utilities Commission says Banghart Properties has "violated every grain buyer law or rule on the books."

Gavel 2492011 1920

Grain Handling & Processing

Grain elevators reduce bids, widen basis as storage costs surge

CoBank's latest report shows high interest rates and crop prices are sending grain ownership and inventory costs to record levels.

Grain Elevator With Blue Sky Deyanarobova Bigstock

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