High Plains Farms LLC
Dorene Foss · Republic County, KS · Katie Rennick · client since 2017
134k bu at 82% priced
$596.6K under management
Call before pricingCosts are estimatesLast spoke in 23 days8 other findings(785) 555-1122
12k bu is priced on the board with the basis still open, so the average price below is an estimate on those bushels rather than a number. Somebody has to ring the elevator and fix it, or tell Dorene Foss plainly that this part of the position is not fully priced yet.
Contracts
14
110k bu priced, 82% of expected production.
Revenue locked
$489,912
-$22,498 of it over break-even.
Basis left open
12k bu
Board locked, cash price not yet settled.
Sold, not hauled
59k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 24, 2026 | Wheat new crop | Basis | 6,700 bu | $6.18 | -$0.48 | $5.70 | -$0.20 -$1,340 | Jul 2027 Atchison River Terminal Not hauled |
| Jul 16, 2026 | Corn old crop | Cash | 18k bu | $4.17 | -$0.25 | $3.92 | -$0.25 -$4,500 | Oct 2026 Atchison River Terminal Hauled |
| Jul 11, 2026 | Corn new crop | Forward/HTA | 8,500 bu | $4.44 | -$0.26 | $4.18 | +$0.07 $595 | Dec 2026 Atchison River Terminal Not hauled |
| Jun 19, 2026 | Wheat old crop | Cash | 5,600 bu | $5.60 | -$0.39 | $5.21 | -$0.49 -$2,744 | Oct 2026 Atchison River Terminal Not hauled |
| Jun 2, 2026 | Corn old crop | Cash | 11k bu | $4.38 | -$0.25 | $4.13 | -$0.04 -$428 | Oct 2026 Atchison River Terminal Hauled |
| May 30, 2026 | Wheat new crop | Cash | 1,900 bu | $5.84 | -$0.41 | $5.43 | -$0.47 -$893 | Jul 2027 Atchison River Terminal Not hauled |
| May 14, 2026 | Corn new crop | Cash | 4,200 bu | $4.32 | -$0.30 | $4.02 | -$0.09 -$378 | Dec 2026 Atchison River Terminal Not hauled |
| May 3, 2026 | Wheat old crop | Forward/HTA | 2,700 bu | $5.67 | -$0.43 | $5.24 | -$0.46 -$1,242 | Oct 2026 Atchison River Terminal Hauled |
| Apr 3, 2026 | Wheat old crop | Cash | 8,700 bu | $5.34 | -$0.42 | $4.92 | -$0.78 -$6,786 | Oct 2026 Atchison River Terminal Hauled |
| Mar 28, 2026 | Corn old crop | Cash | 10k bu | $4.50 | -$0.30 | $4.20 | +$0.03 $312 | Oct 2026 Atchison River Terminal Hauled |
| Mar 9, 2026 | Wheat new crop | Cash | 5,400 bu | $5.83 | -$0.47 | $5.36 | -$0.54 -$2,916 | Jul 2027 Atchison River Terminal Not hauled |
| Mar 7, 2026 | Corn new crop | Forward/HTA | 11k bu | $4.41 | -$0.24 | $4.17 | +$0.06 $636 | Dec 2026 Atchison River Terminal Not hauled |
| Feb 5, 2026 | Wheat new crop | Cash | 4,200 bu | $6.05 | -$0.42 | $5.63 | -$0.27 -$1,134 | Jul 2027 Atchison River Terminal Not hauled |
| Jan 20, 2026 | Corn new crop | Forward/HTA | 12k bu | $4.23 | -$0.26 Open | $3.97 estimate | -$0.14 -$1,680 | Dec 2026 Atchison River Terminal Not hauled |
Net cash is the board plus the basis, which is the only price the family is actually paid. Where the basis is open the stored figure is today's estimate rather than a settled price, so the average across the account moves until somebody fixes it.
What was advised, and what they decided
| Date | Crop | Outcome | Recommendation |
|---|---|---|---|
| Jul 1, 2026 | Corn | Priced | Priced the next tranche at the elevator, board plus basis |
| Jun 26, 2026 | Corn | No answer | Left a message about the next tranche |
| Feb 9, 2026 | Wheat | Agreed, not yet executed | Agreed to move old crop once trucking frees up |
| Feb 8, 2026 | Wheat | Agreed, not yet executed | Agreed to place a resting order at the next target |
| Feb 2, 2026 | Wheat | Declined | Recommended fixing basis, client wants to see spring |
| Jan 22, 2026 | Wheat | Priced | Priced the next tranche at the elevator, board plus basis |
TODO: the contact history in this demo is synthetic. These are invented conversations and they must be cleared before anybody outside the desk sees this page. The record itself is the point: it is the least glamorous thing in the product and probably the most valuable.