Input Capital Corp. Monthly Update - December 2013Quiet Month,
at least our product is in the pipeline.
REGINA, Jan. 6, 2014 /CNW/ - Input Capital Corp. ("Input") (TSX Venture Exchange: INP) is releasing its monthly update for December 2013 summarizing canola deliveries and the acquisition of new multi-year canola streams.
"The grain handling and transportation system in western Canada is working through a record crop," said President and CEO Doug Emsley . "The good news is that the grain companies and railroads are moving the crop to port positions at a record pace to keep up with export demand for our products. However, with so much product competing for railcars, we are seeing delivery delays into the elevator system. While Input is affected by these delays, our disciplined marketing plan has assured us delivery slots and our canola will be brought in when called for."
Canola Deliveries
For the current year to date:
| | Base Tonnes Sold
(MT) | % of FY14
Contracted Base
Tonnes (MT) | Average Realized
Price ($/MT) | Bonus Tonnes Sold
(MT) |
| FY2014 | 2,634 | 15.4% | $472 | 12 |
New Canola Streams
Gord Nystuen, Vice-President Market Development, and Input's Business Development team continue to meet with farmers across the prairies as farmers begin plan for next year's growing season. As new streaming contracts are finalized, they will be summarized in these monthly updates. Input signed its first streaming contract in February of 2013.
Updated Corporate Website
Input has also updated its corporate website, which can be found at www.inputcapital.com. The new website features an updated Fact Sheet on the company.