GrainStrategy

Position

The whole book on one page: bushels under management, what is priced, and what the market is paying for the rest.

118 clients · 115 grain · 35 livestock
$250.5M under management
41.4M bu and 37,016 head
$2,732,239 of margin over break-even is sitting in unpriced bushels at today's bids, and 75 clients are behind their own pace target while the market is paying. The pre-harvest window closed 5 months ago. See what needs a human today.

Eighteen months

Trend is modelled from the current book pending month-end snapshot history. The step at harvest is the crop year rolling over, not a selloff.

Priced against pace, by crop

Desk pace target 80%Behind pace

How the book got priced

Cash14.1M bu · 47% · 392 contracts
Forward/HTA11.0M bu · 37% · 313 contracts
Basis4.6M bu · 15% · 132 contracts

Cash, forward and basis contracts only. The desk does not put on anything that can carry a margin call, so futures or options appearing here arrived from somewhere else and are worth a look.

Ten largest unpriced positions

ClientAdvisorUnpricedShareCumulativePriced against paceOn the table
Buffalo Gap Farms
Beth Jansen · Jewell County
Katie Rennick205k bu11.6%11.6%
67%
$264.4K
Harvest Moon Ag
Ross Hastings · Cloud County
Wes Tolliver91k bu8.6%20.2%
69%
$686.6K
Tallgrass Ag
Vern Gruber · Thayer County
Owen Speck891k bu4.2%24.4%
69%
$35.2K
Rock Creek Ranch
Kirby Boone · Republic County
Wes Tolliver13k bu4.0%28.4%
79%
$9.6K
Tallgrass Grain Co
Lori Ulrich · Washington County
Danae Kruse230k bu2.8%31.2%
67%
$140.1K
Deer Trail Farms
Dell Yoder · Clay County
Danae Kruse63k bu2.8%34.0%
68%
$502.1K
Cedar Hollow Acres
Cassie Hemmelgarn · Washington County
Katie Rennick528k bu2.6%36.6%
50%
$14.8K
Big Bluff Ranch
Rhonda Hemmelgarn · Clay County
Bree Sandoval60k bu2.6%39.1%
76%
$4.9K
Boxelder Grain Co
Grant Rasmussen · Clay County
Wes Tolliver25k bu2.5%41.6%
64%
Bid under cost
Homestead Grain Co
Dell Albrecht · Clay County
Katie Rennick493k bu2.3%43.9%
79%
Bid under cost

Ranked by unpriced bushels rather than by size, because the desk's exposure is the grain it has not priced yet. A two million bushel client who is 85% sold needs less attention than a 400,000 bushel client who is 10% sold. The ten largest hold 44% of the unpriced book.

Nothing on this page is a trade recommendation. It reports the position and what the plan calls for. A person decides, and a person places the order.