AgTalk Home
AgTalk Home
Search Forums | Classifieds (9) | Skins | Language
You are logged in as a guest. ( logon | register )

Anyone update 2024 Income Projections Recently?
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
Hanktbd
Posted 8/29/2024 22:00 (#10871751 - in reply to #10871561)
Subject: RE: Anyone update 2024 Income Projections Recently?



Central IL		Easy. Accrual based accounting with unsold grain in the bins to start the fiscal year. Take a year with narrow new crop margins and lose a buck and a half per bushel on the value of stored grain from last year and Wala! you have a paper loss. That is because you inventoried that corn in the bin for a big profit the year before but failed to actually sell it before the prices went to heck.

Edited by Hanktbd 8/29/2024 22:20
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)