October/November 2008

October/November 2008

It's Not Your Father's Co-op

Cover photo by: Gerry Whitty


October/November 2008 Articles

It’s Not Your Father’s Co-op

October 28, 2008 | Cover Story |

Change is all around us and presents many challenges.

However, if you anticipate and manage for the inevitability that is change, it makes it much easier to achieve short-term success and long-term survival.

Being nimble in managing both your risk and your growth hasn’t always been considered a long-suited skill for cooperatives. Oftentimes, limitations due to cumbersome management structures or rigid bylaws have traditionally made cooperatives less likely to pursue an aggressive stance...

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Chicago Wheat Futures: Financial Tsunami of 2008

October 28, 2008 | Departments |

The uproar over the soft red winter wheat cash basis has grown increasingly louder. Farmers watched Chicago July 08 wheat futures soar to $11 this spring, but saw local bids lag by up to $2/bushel and their anger grew. Heads should roll!

Cincinnati is a good market to study. The Cincinnati market can reflect barge export values, regional mills, and feed demand from the Southeast. In July 2007 that basis was -50 to -60 but weakened further by late summer. Elevators and terminals remembered...

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Producing Energy Efficiently

October 28, 2008 | Feature |

To an untrained eye all ethanol plants look identical. They’re usually surrounded by corn fields and all have storage vessels, grain receiving equipment and boilers that are nearly indistinguishable from one facility to the next. However, all plants are not created equal. Some operate far more efficiently than others.

The EPA presented East Kansas Agri-Energy (EKAE), located in Garnett, KS, and POET’s Ashton, IA facility with the Energy Star Combined Heat and Power (CHP) Award for...

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Bringing’em Safely Onboard: Launching New Employees Successfully

October 28, 2008 | Departments |

It’s late on a Friday afternoon, tomorrow you have a day off scheduled (finally!). You kick back in your chair after receiving the phone call you had been hoping for — the new sales manager you have been recruiting just accepted your offer. Life is good and you can enjoy your weekend! She starts in a couple of weeks and you know she will hit the ground running – just get her here, show her the office, and get out of her way! She’s a go-getter with a great track record, and you know she...

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International Feed Expo and International Poultry Expo is Just Around the Corner

October 28, 2008 | Feature |

The 2009 IFE promises to be even bigger and better than before. It will once again be co-located with the International Poultry Expo and, for the third year, the trade show will be included in the U.S. Department of Commerce’s International Buyer Program.

IFE is where the feed industry meets to network, learn and see the latest in new technology. IFE offers an unprecedented opportunity to access a dynamic purchasing audience, key decision makers and international customers from all...

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Every Four Years, We Need a Wake-up Call

October 28, 2008 | Editors Note |

I should have seen it coming. A quick glance at the calendar would have reminded me that 2008 signals the return of unique moments in time and spectacles seen only once every four years.

It begins with Leap Year, where we are "blessed" with an extra day in February. An extra day of winter, what a treat! All in favor of making June 31 days, say "aye."

Then come the Summer Olympics. Two weeks of captivating performances by the world's elite, supremely conditioned athletes, and yet another...

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Cash-forward Contracting, Financing Strategies to Headline NGFA Country Elevator/Feed Industry Confe

October 28, 2008 | Special Report |

A major half-day session focusing on cash-forward grain contracting and financing strategies for 2009 will headline the program at the National Grain and Feed Association’s (NGFA) 37th annual Country Elevator and 12th annual Feed Industry Conference to be conducted Dec. 7-9 in St. Louis, MO.

More than 600 industry members traditionally attend the day-and-a-half conference and trade show at the Marriott Renaissance Grand Hotel in downtown St. Louis. The major trade show, which will occur...

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