Windmill Ranch
Lori Frawley · Clay County, KS · Bree Sandoval · client since 2020
Soybeans new crop · Nov 2026
Break-even $10.00 · cash bid $10.32 · 79% priced against a 80% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $10.59 | +$0.59 | 15% 7,387 bu | Filled | Jul 25, 2026 3 months ago Window Feb-May | Hit |
| 2 | $11.05 | +$1.05 | 16% 7,880 bu | Filled | Sep 25, 2026 30 days ago Window Feb-May | Hit |
| 3 | $11.67 | +$1.67 | 23% 11k bu | Filled | Nov 25, 2026 in 31 days Window Feb-May | Hit |
Wheat new crop · Jul 2027
Break-even $5.38 · cash bid $5.31 · 78% priced against a 80% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $5.63 | +$0.25 | 15% 5,239 bu | Filled | Jul 25, 2026 3 months ago Window Feb-May | Hit |
| 2 | $5.97 | +$0.59 | 22% 7,684 bu | Filled | Sep 25, 2026 30 days ago Window Feb-May | Hit |
| 3 | $6.20 | +$0.82 | 19% 6,636 bu | Filled | Nov 25, 2026 in 31 days Window Feb-May | Hit |
| 4 | $6.54 | +$1.16 | 18% 6,287 bu | Filled | Jan 25, 2027 in 3 months Window Feb-May | Hit |
Wheat old crop · Dec 2026
Break-even $5.46 · cash bid $4.93 · 68% priced against a 95% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $5.68 | +$0.22 | 15% 5,107 bu | Filled | Oct 25, 2026 today Window Feb-May | Hit |
| 2 | $6.08 | +$0.62 | 24% 8,171 bu | Filled | Dec 25, 2026 in 61 days Window Feb-May | Hit |
| 3 | $6.34 | +$0.88 | 18% 6,128 bu | Filled | Feb 25, 2027 in 4 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 $10.10 to count as clearing cost.