Viterra to invest 150 to 200 million in new Capital on demise of CWB

[TOM4CWB]

dmlfarmer,

For Board grains the CWB provided the Capital to pay grain growers in the past for the initial up front. When Viterra pays non-board cash tickets they must borrow the cash till the customer buys the grain and takes delivery.

This is NOT spin... it is a true cost... and Capital is absolutely what it is called. When a grower buys seed in the spring... it takes Capital to pay for the seed and inputs... till you get paid for the grain after harvest.

[dmlfarmer]

lol absolutely tom. my point is not about borrowing, it refers to the topic title:
Viterra to INVEST 150 to 200 million in new Capital...
The spin is not borrowing - it is calling the borrowing INVESTING!!! lol

[Burbert]

As grain prices plummet, multies will be
more and more happy. Butt the price is
transparent and wes have a level field,
benchmarking will exist and framers kin
all fail at the same rate. It gonna be
beautiful, ta listen to the collective
whinning and sniveling!

[stubblejumper]

Once again tom is full of shit. The sports teams in Castor Alberta are called Castor Raiders

[TOM4CWB]

Stubble,

What does the town of USONA's name come from by Wetaskewin on Hwy 2 EDM CLGY?

By the way... "A source of humour for those familiar with Castor is the name of Gus Wetter's school men's sports teams: The Castor Raiders."

http://en.wikipedia.org/wiki/Castor,_Alberta

[Burbert]

Viterra has always been the leading pile
of steaming bullcrap in the Comedian grain
industry! Appears to be continuing,
borrowing, borrowing, borrowing, trying ta
get sooooo big that nobody wood allow it
ta fail. Butt its a tired old, old,
useless company, wit nottin, nottin goin
fer it, other than borrowing.........