26 new canola streaming contracts

[ALLFARMER]

REGINA, Jan. 6, 2015 /CNW/ - Input Capital Corp. ("Input") (TSX Venture: INP) (US: INPCF), is releasing its quarterly operations update for Q3 of its 2015 fiscal year, which provides a summary of capital deployed in the acquisition of new multi-year canola streams and a preliminary summary of quarterly canola deliveries for the quarter ending December 31, 2014. The final accounting of quarterly results will be published in Input's Q3 financial statements and MD&A when these are finalized and filed in due course.

$16.9 Million Deployed into 26 New Canola Streams

During the quarter, Input entered into twenty six canola streaming contracts in Saskatchewan andManitoba for total up-front payments of $16.9 million. As a result, Input has more than doubled its total number of canola streams in the last three months, and has successfully expanded into Manitoba, further diversifying the Company's geographic footprint.

Twenty two of these newly announced contracts are with new farm partners, and four are with repeat customers whose farming operations have already experienced some of the benefits of canola streaming. Twenty five of the new streaming contracts are with farmers based in Saskatchewan, and one is inManitoba.

"Our fall marketing and farmer awareness program is paying off," said Mr. Emsley. "Our Regional Account Managers are busy attending trade shows, fielding calls, and meeting with prospective new customers. Not only has this built a very strong pipeline of prospective streaming contracts, but it has resulted in very significant deal completion in the last quarter. Many of our new farm partners were able to take advantage of year-end discounts on seed and fertilizer purchases almost immediately after receiving their upfront payments."

These newly announced investments bring Input's total capital deployment to date to $59.8 million in canola streaming contracts with a total of forty two farmers.

Projected Volume Summary Based on Streaming Contracts in Place at December 31, 2014








Harvest Year

2013

2014

2015

2016

2017

2018

Projected Base Tonnes

18,932

35,000

45,000

40,000

40,000

40,000

Average Crop Payment per Base Tonne(1)

$71

$50

$74

$74

$74

$73

 

Record Canola Tonnage Delivered and Sold

Input sold 8,027 metric tonnes ("tonnes" or "MT") of canola during the quarter at an average price of $437per MT, for quarterly streaming revenue of $3.5 million.

Input also generated $1.2 million in revenue through short-term canola trading contracts with producers.

"We are happy to report that deliveries from the 2013 harvest are now effectively complete, and that 2014 deliveries are proceeding according to plan." said President and CEO Doug Emsley.

[ajl]

The big boys are running out of cash and turning to the loan sharks in droves. We will see a lot more broad acre and one earths in 2015. The start of a new 80's style farm bust.

[BTO_farmalll]

A Guy Could Make aLotta Money If He Knew The Right Hitters on The Streetz, Thats Fer Sure!!!!!! The Prairies Gunna Get Squeezzzzzzzzed!!!!!!!!!

[furrowtickler]

Yup - it's a matter of time . Exactly what 2 local loan sharks have been doing here - one loan shark has picked up over 40 1/4's of dirt over the years feasting on desperate guys who banks won't touch.

[farmaholic]

Yup, sign of the times. Tight credit. Desperate times...desperate measures. Buy Shares?

[iceman]

I was told everyone pays cash for everything!!! This makes no sense (insert sarcasm)

[MBgrower]

What next, get your line of credit at MoneyMart? Looks like some farm failures on the way. But i think most of us know who those farmers are, we all all theses BTO wannabes in the neighbourhood.

[SASKFARMER3]

Stay tuned something else is rumbling out their.

[farmaholic]

The poetic justice of this is first the guys who are in a position that "normal" credit isn't extended to them and they find themselves in this predicament. Secondly, but not good for the rest of us, woild be if the "$hark's security" would lose value. But I'm sure they have a built in cushion for that possibility.

Buy shares?

[Richard5]

Somehow I feel this is the biggest ponzi scheme of the century. Ponzi scheme has been thrown around in this website quite a bit lately.

If you are an operation in this predicament something else is wrong and its definitely not just production and price....

The operators of this fund are the biggest ??? and are taking advantage of the unfortunate or just poor managers.

Investing in this would be like buying tech stocks of the 90's - IMO

[JDGreen]

No no no.. king Farquhar and prince emsley are involved in this scam.. Seriously it's all above board and only good for farm business managers.. Sorry it's no good for you average Joe blow type farmers. You all just jealous your not part of the "CLUB". Sarcasm off

[SASKFARMER3]

This fund should be called the Last chance club.

[farmaholic]

There's the responses I was trying to pry out by asking "buy shares" twice. A little too greasy for you or what? Principals and upper management will likely be skimming cream(management fees) and shareholders will be at risk. No "dividends" yet so stock appreciation at this time is your only hope, realize a gain? Maybe take it and run.

[bucket]

This thing will be sold to another government related organization.

Rich people are always close to government to endure their entitlement is safe.

Watch the pike story.

[mcdon]

Market has responded positively but not sure it is a good thing in the long run. If new crop oilseed prices continue to move lower as most analysts believe, owning more canola may not be a good thing. Input Capital may be late getting to the "commodity boom party", kind of like some of the oil companies.