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Creation of working capital
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coup
Posted 9/26/2021 19:53 (#9240106 - in reply to #9240050)
Subject: RE: Creation of working capital


USA
kst1 - 9/26/2021 18:32

That's alright, I didn't figure.

The irony of me wanting to do this to inventory more inputs while you think I'm nuts because I would refinance a tractor to raise capital but should have inventory of next year's chemicals shouldn't get lost here.


You can get buy without Roundup this year, there are other options that will work. Liberty as well , but will take more management than corn to do so.

It is a process to build inventory , buy an extra 10% over 10 years or 20% over 5 would get you to 100%. Own enough chemicals currently for 3 years.
If you hadn't bought the tractor and borrowed $55,000 to buy chemicals instead would be a lot farther ahead today.
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