• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

SF3 called it

Collapse
X
Collapse
 
  • Time
  • Show
Clear All
new posts
  • stonepicker
    Senior Member
    • Dec 2011
    • 1217

    #21
    Ajl, i guess i have a learning difficulty. How did you come up with a 25% interest rate? Input called in the loan just like a bank would upon non payment of loan. If the farmer makes his payments, then your telling me that he is paying 25% interest? I don't think so. If he doesn't make his payments then its gonna cost him, just like a bank.

    Comment

    • Oliver88
      Senior Member
      • Dec 2012
      • 4688

      #22
      Their interest rate might actually be higher than 25% if paid on time.

      If I understand it right is the farmer receives $372 per tonne for the "streaming service".

      Comment

      • farmaholic
        Senior Member
        • Sep 2010
        • 17489

        #23
        O-88, and the glory of incurring all the expenses to grow the crop. $372 equals $8.44/bu.

        Comment

        • stonepicker
          Senior Member
          • Dec 2011
          • 1217

          #24
          Well, i bought a few shares to speculate on them. lol

          Comment

          • farmaholic
            Senior Member
            • Sep 2010
            • 17489

            #25
            Is the needle on your moral compass broke off?

            Money has no conscience.....

            Justin kidding.

            Comment

            • stonepicker
              Senior Member
              • Dec 2011
              • 1217

              #26
              Hoping for a dead cat bounce!

              Comment

              • farmaholic
                Senior Member
                • Sep 2010
                • 17489

                #27
                I think you'll get it. Don't get greedy!

                Comment

                • stonepicker
                  Senior Member
                  • Dec 2011
                  • 1217

                  #28
                  Haha, yep your right! As a farmer it's a never-ending battle! ( always wanting that higher price )

                  Comment

                  • Oliver88
                    Senior Member
                    • Dec 2012
                    • 4688

                    #29
                    As long as there are suckers around the dead cat will bounce.

                    Good luck stonepicker, I hope you can make some quick cash.

                    Comment

                    • stonepicker
                      Senior Member
                      • Dec 2011
                      • 1217

                      #30
                      Haha, there's always some optimists out there! Thanks.

                      Comment

                      • Reply to this Thread
                      • Return to Topic List
                      Working...