If you lend money to a farmer recommend GARS

[Oliver88]

I think your off on that one oliver...but also I guess it depends on how much the guys is covered per acre in GARS vs CI.

Will be interesting. You guys is sask get royally screwed O you CI coverage. Were lucky in MB.

The reason I mentioned crop insurance is more likely to trigger a payout is due to it insuring each crop separately.

I hope I'm incorrect and that GARS pays out better that crop insurance due to higher coverages.

[ajl]

I think good basket revenue insurance is a needed and would be a great tool to have. It just that GARS and Input Capital are in this gap but are exploiting farmers limited math skills by charging waaaaay too much premium for the tiny bit of risk they actually take on. I find it hard to believe that crop insurance is as subsidized as they claim when you compare payouts to premium paid over the years. It does make sense when you factor in admin costs with senior managers here at AFSC under investigation due to being on the take.

[Oliver88]

How does Input Capital have anything to do with GARS or production insurance?....I don't follow.

Input Capital is a VERY expensive line of credit/cash advance for canola growers.
Going by the numbers I've read about their program, it appears a farmer might pay 20% interest on the line of credit?....they should have lots of $ to hand out pails at every trade show.
Anyone with experience with this company can feel free to let us know what they know.