Sharks circling the boats

[iceman]

The 8 million might actually be the gross amount left on the contract. They work on roughly 18% return on investment. Of course the canola futures price can increase it or decrease it over time.
So 18% of 8 mill = 1.4 million

Publishing the gross amount is just basically investor window dressing but either way this farmer is still not very bright.

Oh ya a few Qs ago they signed a 12 year stream!

I repeat 12!

A decade plus two years!

A case of beer in which a single beer represents one years canola delivery!

Still following?

Burn the bitch

Iceman Out

[farmaholic]

But, but, but the collateral damage would be far too reaching. Too many casualties if the Goose that lays the golden eggs dies. Gotta keep that hub greased and in good shape.... the whole ****ing wagon depends on it! Can't have the wheels falling off..... can we?

De-ice or you risk take off.

[mcfarms]

Many here correctly called input capital for what they were right from the start , nice job boys.

[ajl]

These guys are so slick they are going to make the mafia envious.

[blueversi]

No fancy suits or office just put the coffee on, no more skimping on inputs it is guaranteed to make you rich. They are there for you. Sleazy.

[bucket]

Who are they collecting the land for?

Last time they had the CPP ready to hand them a nice profit?

[4GFarms]

Quickly looked into it when they started. Did not like the fact you had to put land up as collatoral. Which really only makes sense from a lenders protection side but we were nit ready to put land up that is free and clear. So they continue explaining and it sounds great as you get $12/bu for your canola when it was only $10/bu but then they say you owe them grain in years 5-6 with no value to you. So wait a minute the value of the canola you hauled in over the last 6 years to me was around $8.50/bu. that ended the conversation right away. It seems good but sketchy and it is a last resort financing option.

[bgmb]

I suppose most of these guys were on the rocks before they even spoke to input capital. Bank probably wouldn't give an operating loan so hello Input Capital.

Recipe for success in farming;

1) Listen to the grain companies, they know the markets better than you dumb farmer the markets are only going lower sell sell sell.

2) Make sure you know the chemical rebate programs so you can get the best deal these programs are great for the farmer, BIG SAVINGS!!!

3) Lease everything you can, don't even look at the interest rate, think of the tax savings! your payments will be lower and your iron will be shinier.

4) Go for yield, forget your costs! more grain = more money and more money is always better. Micros, foliars, VR, Precision everything and Primers!!! #Lookatthepictures

[farming101]

Interesting your reference to sharks. Does smell fishy.

Thanks for the math 4G. It would look like the more canola you sign up the greater your chances of being foreclosed on.

[farmaholic]

Compare it to hunting..... the "patient" predator will get it's prey.