Elm Grove Grain Co
Beth Maddox · Webster County, NE · Owen Speck · client since 2021
136k bu at 79% priced
$1.1M under management
Price to the planCosts are estimatesLast spoke in 31 days6 other findings(785) 555-9322
13k 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 Beth Maddox plainly that this part of the position is not fully priced yet.
Contracts
8
107k bu priced, 79% of expected production.
Revenue locked
$909,664
$23,866 of it over break-even.
Basis left open
13k bu
Board locked, cash price not yet settled.
Sold, not hauled
74k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 7, 2026 | Soybeans new crop | Forward/HTA | 11k bu | $10.58 | -$0.16 | $10.42 | +$0.94 $10,246 | Nov 2026 Hebron Farmers Co-op Not hauled |
| Apr 25, 2026 | Soybeans old crop | Cash | 12k bu | $10.86 | -$0.24 | $10.62 | -$0.40 -$4,720 | Aug 2026 Hebron Farmers Co-op Hauled |
| Apr 6, 2026 | Wheat new crop | Forward/HTA | 17k bu | $6.32 | -$0.34 | $5.98 | +$0.13 $2,262 | Jul 2027 Hebron Farmers Co-op Not hauled |
| Mar 22, 2026 | Wheat new crop | Cash | 11k bu | $6.03 | -$0.27 | $5.76 | -$0.09 -$972 | Jul 2027 Hebron Farmers Co-op Not hauled |
| Feb 19, 2026 | Soybeans new crop | Forward/HTA | 13k bu | $11.42 | -$0.21 Open | $11.21 estimate | +$1.73 $22,836 | Nov 2026 Hebron Farmers Co-op Not hauled |
| Feb 16, 2026 | Soybeans old crop | Cash | 3,800 bu | $11.36 | -$0.22 | $11.14 | +$0.12 $456 | Aug 2026 Hebron Farmers Co-op Hauled |
| Dec 13, 2025 | Soybeans old crop | Cash | 17k bu | $11.18 | -$0.19 | $10.99 | -$0.03 -$522 | Aug 2026 Hebron Farmers Co-op Hauled |
| Dec 12, 2025 | Wheat new crop | Basis | 22k bu | $5.95 | -$0.36 | $5.59 | -$0.26 -$5,720 | Jul 2027 Hebron Farmers Co-op 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 26, 2026 | Wheat | Declined | Recommended moving old crop, client is holding for a rally |
| Feb 13, 2026 | Soybeans | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
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.