The Best Kept Secret
Over the years you have seen several different articles from TMA about the value of delivering grain to your local elevator. We have emphasized the customer service you receive and how delivering grain to your local cooperative helps support the local communities. We have also emphasized the fact that the cooperatives in south central Kansas are reinvesting in their infrastructure to meet the needs of the producer. What we realize we hadn’t explained was the earning potential you have with your local cooperative that you don’t have with other grain handling companies.
Find us online
TMA can now be found on Facebook, Twitter and YouTube! Find TMA on Twitter by logging onto your personal account and searching for @TMAgrain, and then follow us! We will provide you with grain calls and industry news. New to Twitter? Setting up a new account is easy. Go to www.twitter.com and sign up for a new account on the home page. We can be found on Facebook at facebook.com/tmagrain. TMA’s Facebook page will provide you with industry news, a weekly Farm Margin Report published on Fridays and photo updates of activity from around the territory. And if you missed a Farm Margin Report, don’t worry! You can find them on TMA’s YouTube channel. youtube.com/tmagrain.
Margin Creators vs Price Predictors
The concept of price is ingrained into our minds at a very early age. Recently while our family was watching television my oldest son Karson piped up and said, “Daddy, I just saved a bunch of money on my car insurance!” My first blush was that he didn’t understand what car insurance even was, but his next statement told the real story. Karson responded by saying, “It’s when you wreck your car and they give you money to buy a new one.” In today’s society the focus on price and the pressure to get the best deal (whatever that maybe) has created an environment where our individual business decisions are the focus and not the final results of all the decisions.
Revisions to Crop Insurance for 2011
The Federal Crop Insurance Corporation (FCIC) recently released a new Common Crop Insurance Policy (known as the COMBO rule) and related crop provisions that will be the basis for insurance coverage starting with the 2011 crop year. This new policy combines the Actual Production History (APH), Crop Revenue Coverage (CRC), and Revenue Assurance (RA) policies into a single policy.
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