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Grain Elevator Operator

Real-Life Activities

Real-Life Decision Making

You are working as an operator of a grain elevator. One of your responsibilities is to meet with farmers when they bring in grain. The farmers want to sell you their grain, and naturally they want to sell for the highest price they can get.

Your job is to buy the grain from the farmers. Your prices are usually determined by the prices set by the grain markets at the end of the day. However, your employer has a number of different programs that are available to the farmers who want to sell their grain. These programs all have different terms and conditions.

Your employer has given you a set of regulations and guidelines to follow when buying grain from the farmers. However, your employer has also told you that your job is to use common sense. "You cannot just follow the rule book blindly," he says.

"You have to try to find an arrangement that is good for both the farmer and for us. It is called win-win. If you can't do what a farmer asks, then you don't just say, 'No, sorry, can't help you.' Instead, you should sit down with him and work out an alternative arrangement."

Today, a farmer brings in a truckload of grain that he is hoping to sell you. He tells you that he wants a certain price and has certain conditions for the sale. Glancing at your book of guidelines, you see that the deal and the price that he wants are not recommended. The farmer's grain is off by one percentage point.

What do you do?

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.