2020 impeded our ability to celebrate it, congratulations to Lyle Wiens on five years with IntelliFARM Inc!
We appreciate Lyle's leadership with our advisors on conference calls, and providing the fundamental analysis.
Here's to another five, Lyle!
#employeeappreciation
@OOrsak@mbcornfarmer But, to your original question - what %? I think that would largely be dictated by the stage of the farm. Growth stage? How leveraged is the farm? Owner’s appetite for risk?Saving 50% of the gravy as a buffer may do wonders for a young farmer’s stress level who is in growth stage
@OOrsak@mbcornfarmer It’s a good time to look at the wish list. Every farm’s is different, but I’d rather see someone spend the ‘extra’ on something they’ve been working towards for years (heated shop comes to mind), than an impulse buy of shiny iron, because of the huge depreciation write off
@GoddessofGrain Wheat - transparency on pro & grade spreads. What is the true $ per bushel for the wheat a particular grower has. Requires the farmer to know what they actually have and communicate that. Or have an online calculator so they could plug in their grade and pro
Thinking about doing an @IntelliFARMInc live, open to anyone, all things #marketing and finance related to #cdnag#farming. Basically open Q&A.
Looking for feedback, would you find this interesting enough to attend; and what length would be best?
#WestCdnAg#riskmanagement
@rgstone1@skellerfarms Used to sell inputs, so some experience on that. Chemistry - lots of competition & thin margins. No real volume discount. Fert - little different story. There you can get some volume incentive. Like you mentioned tho, timing of purchase is bigger variable
@ValueStockGeek Very interesting, and an excellent Sunday morning read. Curious if results would be much different if rebalanced semi annually? (Although, tax reasons may negate any benefit). Maybe historically there isn’t enough volatility in a one year period to make it worth while.
I would love to watch this debate with @MisterCommodity and @Brian_Voth, and then have that turn into our own debate about how Canada and US are treating this
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