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So Met With The Banker Again
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RolandRocket
Posted 2/22/2024 11:38 (#10635011 - in reply to #10634879)
Subject: RE: Can vouch for Reality Speaks numbers


Central IA & NW IA
Yes, Lost money both on the 23 crop due to poor yields ( in the SE Minnesota dry area and 80% MCPI wasn't sufficient) and did a poor job of selling the open 22 grain relative to its value on the YE 22 statement.

Edit: should add that this operations working capital level heading into 23 wasn't as strong as most, so they had much less room for error.

Edited by RolandRocket 2/22/2024 11:44
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