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elcheapo
Veteran Advisor

Where I am

There has been little rain. Pastures are gone wheat
Drilled several weeks ago, nothing has come up.
Everyone notilling everything they can back to
Wheat since its the least cost crop to plant here.
Local leading ag manufacturing just did away with night shift, and will shut down for Nov and Dec.
Many homes commimg up for sale, local hosp is
In trouble. Local coop also hurting. Have cut
Credit terms to all but the big boys. Have spent 8
To 10 million, or more (they have never disclosed to the membership how much). We are just given what the annual payment is...but never told the term or rate.
We were told it was a confidential matter....so the owners can't be told ?

And how are things in your little corner of paradise ?
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4 Replies
giolucas
Veteran Advisor

Re: Where I am

Sorry to hear that and I sincerely hope things improve.  

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rayjenkins
Veteran Advisor

Re: Where I am

What did the coop spend the money on??

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elcheapo
Veteran Advisor

Re: Where I am

Let's see...one smaller elevator, a bigger elevator
With operation in 3 towns...then new elevators
In two towns, oh we bought a local fuel supplier for
Excess of 2 million, and built a new train loader terminal elevator and bought into a terminal elevator
At another elevator...bought a brick building and totally remodeled for offices....including a $6000 smart
Board....a dry erase board connected to the computer.

Assorent of new pickups, applications and spreaders.

Hmm did I leave out anything ?
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rayjenkins
Veteran Advisor

Re: Where I am

well....they did "spread it around"

 

who thought they needed the hi-tech whiteboard??

 

of course, I have also heard of a lot of $15-20K on the farm oil racks going in last five years, too.....

 

must have been in the water!

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