128,000
acres
Target cultivated land base by Year 5
41.9
MMT
Recent Saskatchewan grain production
100%
ownership
Farmer retains legal title to the land
11.6×
coverage
Year-5 treasury coverage ratio
From debtor to producer-partner.
The old model squeezes the farm
Traditional agricultural finance — like the CCGA Advance Payments Program — is short-term debt that must be repaid within 18 months. Against high interest rates and record input costs, that creates a cash-flow squeeze for grain and oilseed farmers exactly when droughts hit hardest.
- Debt repayable in 18 months
- Grain buyers capture the milling margin
- Cash-flow risk concentrated on the farm
AgStream rewrites it as perpetual capital
Instead of a loan, the farmer sells a permanent share of production for upfront liquidity — a lump sum that never has to be returned. The farm becomes a producer-partner, keeping 100% legal ownership of the land while accessing global capital from Tokyo to London.
- Liquidity that is never repaid
- Milling margin stays in the farmer’s ecosystem
- 25% value-add premium for verified ingredients
A commodity vault on the prairie.
Tokenize the crop share
The protocol wraps a permanent share of production in a digital token — a "Digital Twin" of the physical harvest on-chain. The land itself is never tokenized, so the farmer keeps full legal title.
Stream verified yield
Hardware oracles in the grain bin verify each harvest as it lands, automatically minting a daily yield stream. The platform functions as a commodity vault backed by productive acres.
Capture the full margin
FarmGates acts as a toll processor rather than a buyer, so cleaning, milling and value-add throughput stay inside the farmer’s ecosystem instead of leaking to multinationals.
Two vaults. Chosen at the kitchen table.
Standardized financial structures a farmer can pick to fit their operational goals — no bespoke negotiation required.
The Pure Native
Standard crop-share funding with immediate daily yield streaming.
- 20% crop share for upfront liquidity
- Daily yield streaming from first harvest
- Fair Market Value (FMV) buy-back option
- Best fit for established operations seeking working capital
The Growth Vault
A cash-flow breather engineered for organic transitions.
- 3-year "Yield Holiday" — 0% yield during certification
- Investor receives 25% crop share starting Year 4
- Buy-back price capped at 1.5× original capital
- Best fit for farms transitioning to organic
Verifiable data replaces institutional trust.
High-tech hardware oracles — like Regina-built Bin-Sense — watch quantity, quality and movement around the clock.
Proof of Harvest
Regina-built Bin-Sense sensors monitor quantity, quality and movement 24/7. As grain enters the bin, the yield is verified and the daily yield stream is minted for investors.
Nutrient Fingerprinting
FarmGates uses Near-Infrared (NIR) Spectroscopy to measure protein, minerals and chemical makeup without damaging a single kernel — cryptographic proof of nutrient density.
Automated Execution
When grain hits a farmer’s price target, the Market Trader Gem triggers an Auto-Strike that locks the price and initiates the Clean & Mill order at FarmGates.
FarmGates: the toll-processor that closes the loop.
By acting as a service layer rather than a buyer, FarmGates Group keeps grain inside the farmer’s ecosystem — capturing the milling margin that usually flows to multinationals. Food processors pay a 25% value-add premium for verified, high-spec ingredients with cryptographic proof of nutrient density and traceability.
Operating manager
Seeding, harvest & rotation
Toll processor
Clean, sort, store, mill
Marketing platform
Procurement & grain logistics
Reporting layer
Acre-level institutional data
Supplemental toll revenue
Upside not reflected in base production value ($M)
Two tokens, one productive asset.
Principal Token
Asset-backed
3.5%
target yield
Fractional exposure to underlying farmland value and productive infrastructure. Lower volatility, institutional collateral suitability, potential secondary-market appreciation.
Yield Token
Production-linked
5.0%
target yield
Exposure to annual production outcomes and harvest performance. Variable upside, commodity-linked participation and a higher institutional return profile.
20% of annual Gross Production Value flows into a perpetual token treasury — a hard cap that preserves operating liquidity, debt service and reserve accumulation.
A scale-up engineered for institutional cash flow.
Directional pro-forma estimates for the deployment from 10 to 100 production units across Saskatchewan.
Land-base expansion
Cultivated acres by year
Revenue & treasury
$M per fiscal year
Treasury coverage ratio
Token pool ÷ total yield obligations — held above 11×
| Fiscal year | Acres | Units | Land value | GPV | EBITDA | Token pool |
|---|---|---|---|---|---|---|
| Year 1 | 12,800 | 10 | $31.5M | $6.4M | $1.6M | $1.28M |
| Year 2 | 41,600 | 32.5 | $102.5M | $20.8M | $5.2M | $4.16M |
| Year 3 | 70,400 | 55 | $173.4M | $35.2M | $8.8M | $7.04M |
| Year 4 | 99,200 | 77.5 | $244.2M | $51.6M | $12.9M | $10.32M |
| Year 5 | 128,000 | 100 | $315M | $66.56M | $16.64M | $13.31M |
Three-year crop rotation
Pulse · cereal · oilseed cycle for soil health and yield stability
- Wheat & DurumRevenue stabilization
- CanolaPrimary cash-flow generator
- Pulses (Peas & Lentils)Nitrogen anchor & diversification
Four capital layers. One perpetual platform.
Capital structure
Allocation across instruments
- Principal Tokens (PT)45%
- Yield Tokens (YT)25%
- Senior Agricultural Debt20%
- SPV Treasury & Reserve10%
Year-5 treasury
Where distributions and reserves go
- Principal Token distributions50%
- Yield Token distributions25%
- Treasury stabilization reserve15%
- Strategic buyback reserve10%
Who it is built for
Institutional targeting by primary vehicle
- Pension FundsInflation-protected, long-duration hard assets with stable yieldPrincipal Tokens
- Family OfficesAgricultural appreciation and real-asset diversificationBlended PT / YT
- Sovereign & Food FundsLong-term food-supply security and strategic land exposurePrincipal Tokens
- Digital Asset InstitutionsTokenized RWAs and yield-bearing on-chain infrastructureYield Tokens
- Agricultural BanksSecured farmland collateral and revenue-linked creditSenior secured facilities
Global capital, local safety.
A 100% Canadian-owned SPV holds the liens and security agreements locally — built to comply with the Saskatchewan Farm Security Act.
The regulatory buffer
- A Canadian-owned SPV holds the legal liens and General Security Agreements on home soil.
- The farmer’s Saskatchewan Crop Insurance (SCIC) policy is formally assigned to the SPV.
- If a crop fails, the insurance payout flows to the smart contract to satisfy the investor’s crop share — making the platform the first-priority assignee.
Risk management framework
Commodity price risk
Diversified crop rotation · Staggered grain marketing · Toll-processing value capture
Yield volatility
SCIC crop insurance · AgriStability participation · Black-soil concentration & precision agronomy
Interest rate risk
Long-duration fixed-rate debt · Conservative leverage · Treasury reserve accumulation
Regulatory & tokenization risk
Real-world asset collateralization · Transparent treasury reporting · Institutional-grade audit systems