High Plains Farms LLC

Dorene Foss · Republic County, KS · Katie Rennick · client since 2017

134k bu at 77% priced

$637.9K under management

Call before pricingCosts are estimatesLast spoke in 38 days6 other findings(785) 555-1122

Position Plan Working Orders Sales Break-evens Livestock Recap

Every rung on every ladder clears this family's cost of production plus the desk's $0.10 cushion, and nothing has passed its sell-by date. The plan is doing its job.

Corn new crop · Dec 2026

Break-even $4.11 · cash bid $4.41 · 59% priced against a 72% pace

Ladder covers 78% of the cropGuarantee 42k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.30	+$0.19	15% 7,849 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$4.51	+$0.40	20% 10k bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$4.74	+$0.63	24% 13k bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit
4	$4.99	+$0.88	19% 9,942 bu	$0.58	Nov 9, 2026 in 3 months Window Feb-May	Working

Corn old crop · Sep 2026

Break-even $4.17 · cash bid $4.24 · 92% priced against a 95% pace

Ladder covers 79% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.37	+$0.20	15% 6,384 bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$4.57	+$0.40	18% 7,661 bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$4.87	+$0.70	22% 9,363 bu	Filled	Dec 9, 2026 in 4 months Window Feb-May	Hit
4	$5.03	+$0.86	24% 10k bu	Filled	Feb 9, 2027 in 6 months Window Feb-May	Hit

Wheat new crop · Jul 2027

Break-even $5.90 · cash bid $5.91 · 75% priced against a 72% pace

Ladder covers 52% of the cropGuarantee 19k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$6.18	+$0.28	15% 3,312 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$6.57	+$0.67	19% 4,196 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$6.87	+$0.97	18% 3,975 bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit

Wheat old crop · Sep 2026

Break-even $5.70 · cash bid $5.36 · 97% priced against a 95% pace

Ladder covers 70% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$6.02	+$0.32	15% 2,624 bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$6.29	+$0.59	18% 3,148 bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$6.64	+$0.94	15% 2,624 bu	Filled	Dec 9, 2026 in 4 months Window Feb-May	Hit
4	$6.94	+$1.24	22% 3,848 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 $4.21 to count as clearing cost.