Harvest Moon Land & Cattle
Ross Janzen · Washington County, KS · Katie Rennick · client since 2019
Wheat new crop · Jul 2027
Break-even $4.88 · cash bid $5.76 · 68% priced against a 72% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $5.12 | +$0.24 | 15% 12k bu | Filled | May 9, 2026 4 months ago Window Feb-May | Hit |
| 2 | $5.43 | +$0.55 | 22% 17k bu | Filled | Jul 9, 2026 46 days ago Window Feb-May | Hit |
| 3 | $5.67 | +$0.79 | 21% 16k bu | Filled | Sep 9, 2026 in 16 days Window Feb-May | Hit |
| 4 | $5.95 | +$1.07 | 15% 12k bu | $0.19 | Nov 9, 2026 in 3 months Window Feb-May | Working |
Milo new crop · Dec 2026
Break-even $4.10 · cash bid $3.88 · 51% priced against a 72% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $4.31 | +$0.21 | 15% 19k bu | Filled | May 9, 2026 4 months ago Window Feb-May | Hit |
| 2 | $4.56 | +$0.46 | 23% 30k bu | Filled | Jul 9, 2026 46 days ago Window Feb-May | Hit |
| 3 | $4.78 | +$0.68 | 24% 31k bu | $0.90 | Sep 9, 2026 in 16 days Window Feb-May | Due soon |
| 4 | $4.98 | +$0.88 | 22% 29k bu | $1.10 | Nov 9, 2026 in 3 months Window Feb-May | Working |
Milo old crop · Sep 2026
Break-even $3.48 · cash bid $3.74 · 97% priced against a 95% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $3.68 | +$0.20 | 15% 14k bu | Filled | Aug 9, 2026 15 days ago Window Feb-May | Hit |
| 2 | $3.81 | +$0.33 | 17% 16k bu | Filled | Oct 9, 2026 in 46 days Window Feb-May | Hit |
| 3 | $4.06 | +$0.58 | 21% 20k bu | Filled | Dec 9, 2026 in 4 months Window Feb-May | Hit |
| 4 | $4.25 | +$0.77 | 19% 18k bu | Filled | Feb 9, 2027 in 6 months Window Feb-May | Hit |
Rungs are sorted by price rather than by the order they were entered, because a scale-up ladder only reads as a ladder in price order. Distance is measured from the cash bid, which is the board plus the local basis, not from the board alone.
A rung that filled before its date is done rather than overdue. The desk's cushion over break-even is $0.10, because a break-even is itself an estimate and pricing exactly at one is pricing at the midpoint of an error bar. On this crop that means a rung has to clear $4.98 to count as clearing cost.