Meadowlark Family Farms
Wade Albrecht · Mitchell County, KS · Danae Kruse · client since 2018
442k bu at 46% priced
$2.5M under management
Self directedCosts are estimatesLast spoke in 2 months1 critical9 other findings(785) 555-2458
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
442k bu
Priced
46%
205k bu · plan wants 80% by now
Revenue locked
$1,277,262
-$79,777 over cost
Still unpriced
237k bu
Worth $1,195,326 at today's bids and markets
| Crop | Priced | Average received | Cost of production | Made over cost |
|---|---|---|---|---|
| Corn (new crop) | 48k bu | $4.06 | $3.93 | +$0.13 $6,197 |
| Corn (old crop) | 85k bu | $3.93 | $4.37 | -$0.44 -$37,200 |
| Soybeans (new crop) | 24k bu | $10.03 | $11.07 | -$1.04 -$25,476 |
| Soybeans (old crop) | 48k bu | $10.54 | $11.03 | -$0.49 -$23,298 |
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.