How grain companies are changing the numbers

Apr 15, 2020 at 10:44 AM CST
In my last column, I discussed how total grain production and total grain exports have not increased dramatically over the last five years. So why are grain companies building new facilities over this same time period? Grain handling is a volume and numbers business. If grain companies don’t handle the volume, they need to “change the numbers” so they net out profitable in the end. But how do they do that if someone else is controlling the sales and handling fees?

Apr 15, 2020 at 10:44 AM CST

In my last column, I discussed how total grain production and total grain exports have not increased dramatically over the last five years. So why are grain companies building new facilities over this same time period? Grain handling is a volume and numbers business. If grain companies don’t handle the volume, they need to “change the numbers” so they net out profitable in the end. But how do they do that if someone else is controlling the sales and handling fees?