Friday Crop report third week April

[farming101]

Ugh, this is as ugly as it gets.

[url]https://cfcanada.fticonsulting.com/MonetteFarms/motions.htm[/url]

Putting it all on 7 is not a plan

[bucket]

I have a bad feeling he will come out of this looking like a rose, while the average guy that can use a combine, tractor or sprayer for more than 250 hours will have his financial records gone over with a fine tooth comb.

While it may be hard to believe , I remember the last time this happened on a smaller scale , and those same type of guys are doing quite well after getting their debts written down on land and equipment that was one tenth the price of today.

There are a lot of social media podcast types that had monette on their shows, maybe they should invite him on again to explain the issues.

Using high input costs as an excuse - is the same for everyone.

Monette was supposed to be insured for revenue - so what happened to revenue insurance coverage????

[shtferbrains]

Putting it all on 7 is not a plan

Maybe the short stack guy already?

• Audited Financial Summaries: The FTI Consulting Monitor's Reports ([url]https://cfcanada.fticonsulting.com/MonetteFarms/motions.htm[/url]) typically include condensed financial performance data from previous years to explain the company's insolvency.
• Fiscal Year 2025 Data: Filings show that approximately 55% of 2025 revenue came from grain farming, with the remainder from produce, cattle, and seed processing.
• Debt History: Records indicate the company began defaulting on a $950 million secured credit facility in October 2024, with conditions worsening throughout 2025.
• Asset Appraisals: A January 2026 property summary listed the group’s total asset value at over $1.05 billion CAD,

[sumdumguy]

Banks were greedy idiots when they went away from lending according to long-term profit calculators. You know who is going to bail them out.