AgTalk Home
AgTalk Home
Search Forums | Classifieds (1) | Skins | Language
You are logged in as a guest. ( logon | register )

C.O.P., oats, milling
View previous thread :: View next thread
   Forums List -> Crop TalkMessage format
 
Green Acres Guy
Posted 1/28/2024 14:07 (#10597628 - in reply to #10597598)
Subject: RE: C.O.P., oats, milling


Latimer, Iowa (north central)		Those are all things I am looking for input on.

My thoughts were a farmer/investor would have to deliver every year on their shares. Would insure supply for the mill at a set price. Trying to look at it from what's best for the mill and the farmer at the same time.

Farmer buy-in helps our message when applying for financing and grants from other sources as it shows a greater community impact and buy in than just an P.E. firm owning it. Whole project is about helping rural communities through farms and high quality jobs. Looking at a payroll of 1.4 m on 12 jobs so small number of jobs with solid wages. Ideally would have a sister project of a greenhouse to use the excess thermal created by burning oat hulls without having to convert steam into electricity. We have been looking for a developer interested in doing a greenhouse as a separate project.

A # of 100 acres of oats has been thrown around as a minimum number of acres so in a 3 crop rotation that would be 300 acres. Administration gets more costly the more growers involved but don't want to be excluding someone because of their size. A staff agronomist is going to have to be inspecting fields for sustainability compliance so have to keep that in mind. May set a max number of acres as well, a # of 2000 acres of oats per entity has been thrown out there. Would keep from production being too concentrated. thoughts on that?

Would look for the sale of shares to work similar to how ethanol plant shares worked. Could be sold to any other producer that can supply oats meeting specs either by private sale or by auction. Would by minority stock in a privately held corp. Market value of the shares would depend on the success of the mill.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)