It will be up to individual facilities to prepare themselves to avoid getting hit. But luckily, no one is alone in this fight; there are associations, academics and others working to help them off the tracks.
So, is there such a thing as work/ life balance? In this column, we look at this topic, and discuss ways to provide balance — both for the employees of your feed and grain business, and for you as the manage.
The corn market continues to be influenced by two major fundamental factors. One is the on-going high rate of consumption, particularly the magnitude of export sales. The second factor is the slow start to the planting season.
As farming operations grow larger and yields continue their climb higher, many commercial grain facilities are faced with the challenge of handling higher volumes. In a lot of cases, the only solution is to pile grain on the ground, due to a lack of fixed storage. However, one South Dakota co-op, tired of dealing with the spoilage from exposed grain, started thinking outside the bin for a new flexible storage solution.
Employers have an opportunity to use the additional time created by the one-year delay in the employer shared responsibility (also referred to as the play or pay) mandate to gauge ACA compliance readiness.
Merchandising soybeans has been a tough challenge everywhere for the last three years. Futures have seldom showed more than a token carry — and often had steep inverses. Yet elevators can’t ship as much at harvest (or soon after) as they buy.
On March 7, the NOAA’s National Weather Service reported “above normal” to “much above normal” spring flood risk throughout northwest Illinois along the Rock and Pecatonica Rivers. The risk is also above normal along the Mississippi River from Dubuque, IA, downstream to Burlington, IA, as well as in Minnesota’s Red River Valley.
You won’t find more energy, education and equipment anywhere than at GEAPS Exchange 2014, set for Feb. 22 to 25 in Omaha, NE. I have attended Exchange throughout my many years as a GEAPS member and I can tell you it is an extremely worthwhile event that energizes me and helps me stay on top of industry issues. It also provides a great opportunity to reconnect with old friends and make new ones.
The feed manufacturing business has become increasingly challenging as manufacturers are squeezed between the volatility of the grain commodities market and the relative inflexibility of international food pricing. Feed manufacturers are under increased pressure to produce consistently high-quality feed at a cost that allows them to remain solvent in the face of increased ingredient prices.