Meadowlark Family Farms

Wade Albrecht · Mitchell County, KS · Danae Kruse · client since 2018

442k bu at 42% priced

$2.6M under management

Self directedCosts are estimatesLast spoke in 3 months2 critical7 other findings(785) 555-2458

Position Plan Working Orders Sales Break-evens Livestock Recap

2 rungs have passed their sell-by date with the bushels still unpriced. The plan prices those tranches on the calendar rather than the market, which is the whole point of writing a date next to a price. Either price them or agree a new date with the family and write it down.

Corn new crop · Dec 2026

Break-even $3.93 · cash bid $4.30 · 20% priced against a 72% pace

Ladder covers 74% of the cropGuarantee 135k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.11	+$0.18	15% 25k bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$4.38	+$0.45	17% 29k bu	$0.08	Jul 9, 2026 46 days ago Window Feb-May	Time stop passed
3	$4.53	+$0.60	20% 34k bu	$0.23	Sep 9, 2026 in 16 days Window Feb-May	Due soon
4	$4.74	+$0.81	22% 37k bu	$0.44	Nov 9, 2026 in 3 months Window Feb-May	Working

Corn old crop · Sep 2026

Break-even $4.37 · cash bid $4.13 · 53% priced against a 95% pace

Ladder covers 77% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.55	+$0.18	15% 24k bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$4.86	+$0.49	19% 30k bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$5.07	+$0.70	25% 40k bu	$0.94	Dec 9, 2026 in 4 months Window Feb-May	Working
4	$5.28	+$0.91	18% 29k bu	$1.15	Feb 9, 2027 in 6 months Window Feb-May	Working

Soybeans new crop · Nov 2026

Break-even $11.07 · cash bid $10.56 · 32% priced against a 72% pace

Ladder covers 69% of the cropGuarantee 53k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$11.71	+$0.64	15% 9,260 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$12.27	+$1.20	24% 15k bu	$1.71	Jul 9, 2026 46 days ago Window Feb-May	Time stop passed
3	$12.94	+$1.87	15% 9,260 bu	$2.38	Sep 9, 2026 in 16 days Window Feb-May	Due soon
4	$13.47	+$2.40	15% 9,260 bu	$2.91	Nov 9, 2026 in 3 months Window Feb-May	Working

Soybeans old crop · Aug 2026

Break-even $11.03 · cash bid $10.52 · 92% priced against a 95% pace

Ladder covers 60% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$11.68	+$0.65	15% 7,797 bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$12.13	+$1.10	21% 11k bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$12.78	+$1.75	24% 12k bu	Filled	Dec 9, 2026 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 $4.03 to count as clearing cost.