From Harvest to Sale:
Managing Grain Inventories Using FAST
Travis Farley
University of Illinois
www.farmdoc.uiuc.edu
Tools for Better Farm Decisions
FAST - Farm Analysis Solution Tools
− Financial Analysis
− Investment Analysis
− Loan Analysis
− Farm Management
− Grain Marketing and
Management
− Risk Management
− Yield Database Utilities
www.farmdoc.uiuc.edu
Access FAST Tools
• FAST Tools and Resources CD
– Subscription service
• University of Illinois farmdoc
– Download tools free of charge
www.farmdoc.uiuc.edu
Extension Program
• Provide hands-on training through
extension workshops
• Utilize a mobile computer lab
• Demonstrate application of tools through
case studies
www.farmdoc.uiuc.edu
Women in Agriculture
• Play a significant role in recordkeeping
• Asked to organize a large amount of
grain information during harvest
• Often document harvest information on
paper or in homemade spreadsheets
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Questions to Answer
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What is my average yield?
How much grain have I taken a LDP on?
What is my average LDP?
What is my average sales price?
How much grain have I forward contracted?
How much grain have I feed to livestock?
How much grain am I storing for each of my
landlords?
www.farmdoc.uiuc.edu
Grain Inventory Management
• Manages and tracks grain inventories by:
– Grain owner
– Storage site
• The program records the following grain
transactions:
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Sales
Production
Transfers
Purchases
Fed to livestock
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Loan Deficiency Payments
Forward pricing
Other price contracts
CCC loan transactions
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Grain Transactions
Stores grain transactions in a searchable
database that allows you to:
 Search for a specific grain transaction
 Sort transactions by various fields and on
many levels
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Query the Database
• On what date did a transaction occur?
• What sales prices have I received?
• What LDP prices have I received?
• How many bushels were harvested from a
certain field?
www.farmdoc.uiuc.edu
Grain Transactions Database
Grain Reports
• Program reports:
– Grain Owner Inventory
– Storage Location Inventory
– Production Records
• The tool designs reports for the farm operator
and landlords documenting crop yields,
inventory, and storage sites.
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Grain Owner Report
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Storage Location Report
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Production Report
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Program Navigation
The Main Menu
guides the user
through the input
screens of the
tool.
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Closing Comments
• Increasing demand for FAST Tools education
• Program descriptions available on farmdoc
and FAST CD
• Grain Inventory Management tool apart of
Annie’s Project
www.farmdoc.uiuc.edu