Magazine > April/May 2009
April/May 2009 Articles
When Does a Contract Become Real?
Whether it’s a lease agreement, signing on to take a new job or buying a home or other big-ticket item, sooner or later we all are faced with having to review and sign a contract to close the deal. Once we’ve “signed our life away,” on the dotted line, we are now obligated to live up to the terms of the signed contract.
While this scenario is played out a countless number of times per day, a markedly different protocol is engaged when executing a grain contract. FEED & GRAIN again turns to...[Read More]
Focus on Regulatory: Bridging the Regulation Gap
American feed and food companies pride themselves as being providers of some of the highest quality, safest products in the world. Feed associations, such as the American Feed Industry Association, have played a role in encouraging and helping their members follow the regulations set forth by the USDA and FDA through the development of third-party certification programs.
In today’s global economy, however, it’s not enough to meet only U.S. regulations. That’s why the AFIA has teamed with...[Read More]
Avoid a Logistics Logjam
Suppose you decide to build a house. Would you buy the materials first, or would you draw up the blueprints and then schedule subcontractors and get the materials?
In grain merchandising, having a “blueprint” of your facility’s logistics is also an important first step. I don’t mean literally having a blueprint of the bins or the trackage, but knowing your operation’s capacity for throughput — the logistics of when and how much grain you can receive, store, and ship. Trying to merchandise...[Read More]
Rebuilding Infrastructure, ‘Bracketology’ Style
I was surfing the U.S. News and World Report website (www.usnews.com) the other day, and a story about the NCAA college basketball tournament caught my eye. As I write this column, the Sweet 16 is about to commence and all people can talk about is the condition of their “bracket” and how many teams they still have in the title hunt.
One part of the story that intrigued me was this: The Nevada Gaming Commission estimates the legal amount wagered on the tournament to be somewhere between $80...[Read More]
You Get What You Pay For and Other True Tales of Employee Management
Finding, hiring and keeping good people presents a challenge in any industry and the feed and grain industry is no different. In fact, due to the rural nature of the industry, many managers have even a more difficult time than businesses located in larger metropolitan areas.
In this issue we take a look at a number of issues which surround your workforce. Employee management can be rewarding and is certainly essential, but often maddening at the same time — because you are dealing with...[Read More]