Course 06 of 20 · Agricultural Commodities Desk Academy

Elevator, Warehouse & Storage Economics

Stage B, Execution, storage and funding. Level 3 of 10.

The cost and capacity of holding grain: throughput, drying and aeration, shrink loss, storage and handling tariffs, warehouse receipts, and space scheduling across a harvest.

121 chapters · 11 modules · every chapter one 8 to 10 minute explainer · builds on: Course 02, Course 03, Course 05

Enrol or enquire See the 121 chapters
How a chapter is delivered

One chapter is one idea taken to the point of use

Each chapter covers one idea to the point where you can use it, and comes two ways: a narrated explainer, and a deep dive audio discussion of around thirty minutes that works the same material at depth.

Self-paced throughout, and the same chapters can be taught as a cohort. Chapters run in order: each one assumes only what the chapters before it taught, and capability belonging to a later course is named and deferred rather than half-covered.

Curriculum

11 modules · 121 chapters

Open any module for its full chapter list, in teaching order.

M0 The Elevator as a Machine With a Schedule Ch 1-10
  1. The Trucks Arrive Faster Than the Leg Can Lift
  2. Space, Rate and Soundness Are Three Different Products
  3. Why Holding Grain Costs Money Before Anything Is Borrowed
  4. Hold, Roll or Ship Is Someone Else's Question
  5. The Grain Is Yours and the Bin Belongs to Somebody Else
  6. What Grading and the Crop Year Already Settled
  7. Country House, River Terminal, Processor and Farm Bin
  8. A Harvest Is a Queueing Problem Before It Is a Price Problem
  9. A Flat Charge Per Bushel Per Month
  10. The Three Desks Waiting on a Storage Number
M1 Receiving a Harvest That Will Not Slow Down Ch 11-21
  1. One Load From Tip to Bin, Timed
  2. Hourly Rate Is a Chain of Rated Elements
  3. The Weighbridge Is the Gate Everything Passes Through
  4. The Line of Trucks Down the Road Has a Price
  5. Dump Pit, Drive-Over Conveyor and the Second Line
  6. Sampling and Moisture Testing as Steps With a Duration
  7. Where the Load Goes Is Decided at the Scale House
  8. Wet Grain Landing Faster Than the Dryer Will Take It
  9. The Length of the Receiving Day as a Lever
  10. Turning a Load Away, and What It Costs the Relationship
  11. Dust, Bin Entry and the Rules a Working House Runs Under
M2 What a Bin, a Flat Store and a Pile Actually Hold Ch 22-32
  1. Rated Room, Usable Room and the Difference Between Them
  2. Density Decides How Many Bushels Fit
  3. Concrete Silos, Steel Bins and Flat Warehouses
  4. Ground Piles and Temporary Cover
  5. Keeping Lots Apart Consumes More Than Tonnage
  6. The Bin That Has to Stay Empty
  7. The Measured Quantity Against the Book Quantity
  8. Commingling and the Bushel Nobody Can Point To
  9. Identity Preserved Lots and the Room They Occupy
  10. How Full the Shed Is Across Twelve Months
  11. Two Sheds of Equal Size and Unequal Turns
M3 Drying as an Operation With a Bill and a Weight Consequence Ch 33-43
  1. A Point of Moisture Is a Unit of Work
  2. What It Costs to Run a Dryer
  3. Dryer Output Falls as the Crop Gets Wetter
  4. High Temperature, Low Temperature and Drying in the Bin
  5. Drying Takes Weight Out of the Invoice
  6. Recovering Dryer Cost Without Charging Twice
  7. Drying Past the Target and the Weight Nobody Pays For
  8. Heat Damage and the Grade You Just Created
  9. Mixing Damp With Dry Instead of Running the Dryer
  10. Scheduling the Dryer Through a Harvest Week
  11. Ambient Air, Patience and the Dryer Nobody Bought
M4 Aeration, Condition and the Grain That Will Not Keep Ch 44-54
  1. Grain Is Alive and the Clock Starts at Harvest
  2. What an Aeration Fan Is Actually For
  3. Running Fans at the Right Hour
  4. Setting a Storage Target From the Holding Period
  5. Finding the Warm Patch Before It Finds You
  6. Turning a Bin and What the Move Consumes
  7. Insects, Fumigation and the Bin Out of Service
  8. Mould, Toxins and the Load No Buyer Will Accept
  9. The Bin That Went Out of Condition
  10. What Keeping a Crop Sound Costs Per Bushel
  11. How Long Each Crop Will Keep
M5 Weight Loss as a Position, Not a Percentage Ch 55-64
  1. Whose Book the Lost Bushels Leave
  2. Which Loss Actually Comes Off the Position
  3. Handling Loss Accumulates at Every Move
  4. Unexplained Loss and Where to Look First
  5. The Deduction Written Into a Storage Agreement
  6. When the Allowance Collected Is Too Small
  7. Dust, Fines and Screenings Worth Selling
  8. Closing a Bin From First Fill to Last Load
  9. Who Owns the Missing Bushels
  10. A Loss Policy a Merchant and an Operator Can Both Sign
M6 The Storage and Handling Tariff Ch 65-76
  1. Reading a Tariff as Separate Charges
  2. Daily, Monthly and Half-Month Counting
  3. The Charges That Fall Once, Not Monthly
  4. Free Days and the Moment the Meter Starts
  5. Minimum Charges and the Occasional Depositor
  6. The Incidental Lines a Depositor Never Expects
  7. Tariff Filed and Tariff Negotiated
  8. Selling Storage Instead of Buying the Crop
  9. Grain Bank and the Account Kept in Bushels
  10. Condominium Storage and Space Bought Outright
  11. Assembling a Holding Cost Per Bushel Per Month
  12. Three Parties, Three Holding Costs, One Bin
M7 Warehouse Receipts and Title to Stored Grain Ch 77-88
  1. What a Warehouse Receipt Says Happened
  2. Negotiable Against Non-Negotiable
  3. The Licensed Public Warehouse and Its Conditions
  4. Electronic Receipts Held in a Central Register
  5. Scale Ticket, Settlement Sheet, Receipt
  6. Surrendering the Receipt to Get the Grain
  7. Receipts Outstanding Against Grain On Hand
  8. The Indemnity Fund Behind a Failed Operator
  9. A Lender Who Wants the Receipt in Its Own Hands
  10. Brazil's Deposit Certificate and Its Paired Warrant
  11. Negotiable Warehouse Receipts in India
  12. Open Obligations Against Measured Bushels
M8 Load-Out and the Shipping Side of the Hourly Rate Ch 89-99
  1. Getting a Crop Out Is the Harder Half
  2. Filling a Unit Train Inside Its Window
  3. Barge Loading and the River That Will Not Wait
  4. Truck Load-Out and the Local Draw
  5. Blending Bins on the Way Out
  6. Cleaning, Screening and the Crop That Leaves Better
  7. Load-Out Loss and the Final Weighing
  8. The Room That Comes Back When a Train Leaves
  9. Inbound and Outbound Fighting Over One Scale
  10. Loading Against an Exchange Delivery Obligation
  11. A Facility That Cannot Ship Cannot Receive
M9 Scheduling Space Across a Harvest Ch 100-112
  1. The Space Plan a Harvest Is Run On
  2. Starting Harvest With the Shed Half Full
  3. Forecasting What Arrives and When
  4. Promising Room Before the Crop Is Known
  5. The Day the Shed Fills
  6. Choices When There Is No Room Left
  7. Loading Direct From Truck to Railcar
  8. Segregation Planned Across a Whole Season
  9. The Plan Meets a Wet Harvest
  10. Revising the Plan Every Morning
  11. What a Full Shed Does to the Bid
  12. Pricing Room That Is Scarce for a Few Weeks a Year
  13. A Plan Written, Then Survived
M10 One Harvest Through One Elevator Ch 113-121
  1. The Facility and the Season to Be Run
  2. Before Harvest: Clearing, Promises and Paper
  3. The First Weeks, Running Ahead of Forecast
  4. The Peak, With Dryer, Scale and Shed All Binding
  5. Costing the Season: Tariff, Fuel, Power and Loss
  6. Emptying the Shed From January to July
  7. The Same Season With the Dryer Down
  8. What a Cost Per Bushel Cannot Settle
  9. Four Numbers This Operation Owes Every Other Desk

The brochure gives each of these 121 chapters a paragraph on what it covers and what you can do once you have worked through it.

This is course 6 of twenty

It stands alone, and it is also the entry point to the Agricultural Commodities Desk Academy pathway.

Enrol or enquire See the whole pathway