TMA’s ACH program allows for your grain payments to be directly deposited into your bank account. See details
Through a requested IRS Private Letter Ruling, TMA’s partnered cooperatives have found a path to pass on a significant tax deduction. See details
Establishing the Value of a Grain Bid: an Article on Transparency in the Grain Market
Grain companies look at variables in their market place on a daily basis to arrive at a single bid for the commodities they handle. The goal is to arrive at a value which is fair to the producers. Transportation, markets and direct costs are complex factors that make up the local cash price of the commodity. Transportation is a variable cost which moves on a daily basis and can greatly affect the value of commodities. Truck freight can move up or down depending on the supply and demand. Rail freight is another variable which affects all markets, including those not tied directly to a rail line.
Ruling allows TMA’s partnered cooperatives to pass significant tax deduction on to members
Through a requested IRS Private Letter Ruling, TMA’s partnered cooperatives have found a path to pass a significant tax deduction on to the producers who are members through the Domestic Production Activities Deduction (DPAD).