Modern farming practices often require purchasing inputs for next year prior to the sale of the current year’s production. Inventory loan funds are used to pay down or off the current year’s operating loan. A maturity for the inventory loan is established that matches the sale of production inventory. These loans are typically secured by the inventory to be sold. Loan terms match the customer’s sales plan for the production inventory (generally 3 – 6 months)
Commodity Marketing Seminar on November 22nd with Brett Oelke
Tuesdays, November 22, December 20 in 2022, and January 17, 2023 The first session is for beginners, the second is for intermediate and the third is for advanced marketers. Luncheon Seminar in Dickinson begins at noon (MT) and the Evening Session in Mandan begins at...