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Agridime Review 2022 | The College Investor

by First Finance News
June 9, 2022
in Personal Finance
Reading Time: 12 mins read
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When you’ve ever pushed throughout the U.S., you’ve undoubtedly skilled an enormous surroundings of crops, farms, and herds of cows grazing on fields. You could not have considered it, however the cattle you see on the facet of the highway represents a dwelling and respiration funding within the meat provide chain.

Elevating cattle takes land, pure sources, know-how, and time, but it surely’s an funding that’s value contemplating. Agridime is an organization that makes investing in cattle potential for everybody, even if you happen to’ve by no means ventured by way of a rural space. Right here’s how cattle investing with Agridime works.

Agridime logo
  • Purchase cattle on-line for $2,000 per head.
  • Agridime’s farmers increase and harvest the cattle.
  • Agridime sells beef to grocers and distributes income to traders.
  • All investments are insured by Agridime.

Open to Non-Accredited Buyers?

What Is Agridime?

Agridime is an internet funding firm that makes a speciality of cattle and different agricultural merchandise. It makes use of a “dwell provide chain” to assist farmers promote their merchandise at set costs to grocers and thru its on-line retailer. 

For traders who aren’t farmers, Agridime creates a market to speculate straight in cattle which is contracted to the corporate’s dwell provide chain. You’re paid after their cattle are harvested and bought.

What Does It Supply?

Agridime acts primarily as a dealer between farmers and grocers. Nevertheless, it gives on a regular basis folks a chance to put money into cattle that develop into a part of Agridime’s provide chain.

Spend money on the Dwell Cattle Provide Chain

Agridime lets you purchase dwell cattle for $2,000 per head. The cattle are contracted into Agridime’s provide chain, so Agridime takes on the duty to take care of the animals till they’re harvested.

As soon as harvested, you obtain a return of capital, plus an anticipated $300-$400 revenue. The income are primarily based on Agridime’s present contracted charges.

As much as 20% Return

In 2021, traders averaged a 20% return on 5,000 head of cattle in Agridime’s enterprise. Agridime reviews a 20% assured charge of return on contracts of fifty head of cattle or extra, or a 15% return on contracts with fewer than 50 heads.

These returns are contractually assured. Meaning you may anticipate to see the marketed returns so long as Agridime stays solvent.

Notice: Future contracts might change the assured return on the contract. You should definitely test for present charges earlier than investing.

Agridime screen shot

Funding Insured by Agridime

All cattle that traders purchase by way of Agridime are insured by Agridime. If a cattle dies, Agridime pays the return within the contract. The insurance coverage protects each Agridime and traders.

Agridime Handles Elevating and Promoting Cattle

Agridime manages the total provide chain related to elevating and harvesting cattle. The corporate has contracted costs to purchase cattle at sure costs and promote meat at different costs. Agridime finishes all of the cattle on a farm in Kansas earlier than it sells the meat to grocers throughout the nation.

Even if you happen to don’t have any understanding of the livestock trade, you may nonetheless put money into cattle with none of the hassles of really elevating them.

Principal and Returns Paid Through Wire Switch

The funding interval for the cattle is one yr. Agridime repays the principal funding and the returns by way of a wire switch inside 10 days of the contract closing.

Are There Any Charges?

Agridime doesn’t disclose any charges on its web sites together with on the phrases web page. The contract that particulars revenue distribution is just issued after an investor buys cattle by way of the web site.

In keeping with Agridime, you may anticipate to earn $300-$400 in income per head of cattle bought.

Agridime screen shot 2
Agridime screen shot 3

How Does Agridime Examine?

Some folks know agriculture and agricultural funds effectively. However most of us don’t have any expertise shopping for complete cows. The closest I’ve come to purchasing cattle is shopping for ten kilos of floor beef on sale on the grocery store.

We couldn’t discover one other web site that allowed traders to passively put money into cattle. Corporations like AcreTrader  HarvestReturns, and YieldStreet give traders publicity to the agricultural sector by way of funding ranches or farms. However these firms produce returns by funding agricultural initiatives both by way of debt or income sharing alternatives.

For alternatives on all these crowdfunding platforms, the funding firms present a threat profile and a variety of anticipated returns. The outcomes of the investments aren’t insured in opposition to loss.

Understand that investing by way of Agridime means you aren’t investing in agricultural initiatives. You’re shopping for stock (cattle) for Agridime’s current provide chain. Agridime’s costs for getting cattle and promoting meat are mounted by way of contracts. 

The contracts permit Agridime to forecast funding charges of return with a excessive diploma of certainty. Nevertheless, unexpected occasions that negatively affect Agridime’s provide chain might trigger Agridime to develop into bancrupt, doubtlessly ensuing within the incapability to pay their contracts.

Header

Agridime logo
AcreTrader
FarmTogether Logo

None acknowledged on their web site

Open To Non-Accredited Buyers?

Cell

Cell

How Do I Open An Account?

Agridime sells its complete cattle by way of the corporate’s on-line retailer. You don’t want an account to purchase. As an alternative, you may make investments by getting into your bank card data within the net portal.

In keeping with Agridime, after making a cattle buy, you’ll obtain a contract that certifies and describes cattle contract income. You’ll be able to attain out to [email protected] to preview the contract earlier than making the acquisition.

Is It Secure And Safe?

General, Agridime has a comparatively safe platform. It makes use of third-party fee integrations and safe portals to encrypt contracts and retailer investor data.

Along with contemplating data security, think twice concerning the threat profile of this funding. Agridime’s funding returns are contractually assured. Meaning you may anticipate returns of 15-20%, relying on how a lot you make investments. 

The cattle are additionally insured which reduces the danger of the funding. The one main threat we might determine was Agridime’s solvency. If the corporate turns into bancrupt for any cause, traders could also be unable to gather their principal or their return. Whereas the returns are “assured,” the assure is just pretty much as good as Agridime’s capability to repay its traders.

How Do I Contact Agridime?

Agridime relies out of Fort Value, Texas. 

Here is find out how to contact Agridime: 

  • Handle: 3000 South Hulen St., Suite 124, Fort Value, TX 76109.
  • Name 1-888-664-6621
  • Electronic mail: [email protected]

Is It Value It?

Agridime’s enterprise mannequin appears superb, and the returns on funding might be excellent. Agridime gives a singular, agriculture funding that would provide a significant return in an in any other case down market. Nevertheless, these returns are usually not really assured. The funding carries a threat of loss proportional to Agridime’s threat of insolvency. So, take into account the dangers earlier than investing.

Agridime’s Options

  • 20% charge of assured return on 50 head of cattle or extra 
  • 15% charge of assured return on fewer than 50 heads 

Buyers purchase cattle for Agridime’s current provide chain



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