Boxelder Grain Co
Grant Rasmussen · Clay County, KS · Wes Tolliver · client since 2017
71k bu at 64% priced · 1,390 head at 36% sold
$3.7M under management
Call before pricingCosts from their booksLast spoke in 4 months1 critical7 other findings(785) 555-8543
The figures below are computed from the desk's records and are the same figures the drafter is handed. The model writes the prose around them and does no arithmetic at all, because a wrong number in a recap is a misrepresentation to a family rather than a bug. If the drafter is unavailable the facts are still here, and the facts are the part that has to be right.
The position, as the family will read it
Expected production
71k bu
Priced
64%
46k bu · plan wants 80% by now
Revenue locked
$1,460,562
-$4,733 over cost
Still unpriced
25k bu
Worth $2,210,305 at today's bids and markets, plus 883 head
| Crop | Priced | Average received | Cost of production | Made over cost |
|---|---|---|---|---|
| Corn (new crop) | 19k bu | $3.85 | $4.41 | -$0.56 -$10,855 |
| Wheat (new crop) | 8,800 bu | $5.38 | $5.64 | -$0.26 -$2,250 |
| Wheat (old crop) | 12k bu | $4.87 | $5.77 | -$0.90 -$10,681 |
| Soybeans (new crop) | 5,700 bu | $10.72 | $10.48 | +$0.24 $1,345 |
Livestock, in head and hundredweight
| Group | Head | Sold | Average received | Cost of gain | Made over cost | Floor |
|---|---|---|---|---|---|---|
| Pen, Jun placement Feedlot | 1,390 | 507 | $187.24 | $184.52 | $2.72 | None |
Percent sold on livestock is BY HEAD, and it is never comparable to the grain percentage above. A floor is net of the premium paid, and it floors RMA's published index rather than what the animals bring at the barn.
The note to send
Nothing drafted yet. The drafter is handed the figures above and asked to explain them, and it is told not to calculate, forecast, or tell the family what to do.
The drafter is given computed figures and forbidden from doing arithmetic, deriving anything, or implying a market forecast. Nobody on this desk knows where the board is going, and a recap that hints otherwise is the one document that could make a family's loss the desk's fault.
A recap is not a recommendation to the family. The advisor recommends, the family decides, and the language is written that way on purpose.