Clearwater Farms

Marie Albrecht · Washington County, KS · Owen Speck · client since 2022

96k bu at 75% priced

$591.5K under management

Call before pricingCosts are estimatesLast spoke in 40 days10 other findings(785) 555-5591

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.

Wheat new crop · Jul 2027

Break-even $5.42 · cash bid $5.76 · 61% priced against a 72% pace

Ladder covers 73% of the cropGuarantee 17k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$5.71	+$0.29	15% 2,911 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$5.98	+$0.56	18% 3,493 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$6.31	+$0.89	23% 4,463 bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit
4	$6.57	+$1.15	17% 3,299 bu	$0.81	Nov 9, 2026 in 3 months Window Feb-May	Working

Wheat old crop · Sep 2026

Break-even $5.06 · cash bid $5.21 · 76% priced against a 95% pace

Ladder covers 54% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$5.28	+$0.22	15% 2,283 bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$5.54	+$0.48	23% 3,501 bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$5.82	+$0.76	16% 2,436 bu	Filled	Dec 9, 2026 in 4 months Window Feb-May	Hit

Soybeans new crop · Nov 2026

Break-even $10.76 · cash bid $10.64 · 50% priced against a 72% pace

Ladder covers 60% of the cropGuarantee 7,300 bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$11.20	+$0.44	15% 1,573 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$11.78	+$1.02	20% 2,098 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$12.55	+$1.79	25% 2,622 bu	$1.91	Sep 9, 2026 in 16 days Window Feb-May	Due soon

Soybeans old crop · Aug 2026

Break-even $9.99 · cash bid $10.60 · 96% priced against a 95% pace

Ladder covers 53% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$10.55	+$0.56	15% 1,749 bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$11.00	+$1.01	22% 2,565 bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$11.58	+$1.59	16% 1,866 bu	Filled	Dec 9, 2026 in 4 months Window Feb-May	Hit

Corn new crop · Dec 2026

Break-even $4.51 · cash bid $4.34 · 73% priced against a 72% pace

Ladder covers 79% of the cropGuarantee 18k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.78	+$0.27	15% 3,538 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$5.00	+$0.49	23% 5,424 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$5.25	+$0.74	16% 3,773 bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit
4	$5.50	+$0.99	25% 5,896 bu	$1.16	Nov 9, 2026 in 3 months Window Feb-May	Working

Corn old crop · Sep 2026

Break-even $4.52 · cash bid $4.17 · 97% priced against a 95% pace

Ladder covers 73% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.73	+$0.21	15% 2,393 bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$4.97	+$0.45	19% 3,031 bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$5.25	+$0.73	22% 3,509 bu	Filled	Dec 9, 2026 in 4 months Window Feb-May	Hit
4	$5.46	+$0.94	17% 2,712 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 $5.52 to count as clearing cost.