Elm Grove Grain Co
Beth Maddox · Webster County, NE · Owen Speck · client since 2021
136k bu at 83% priced
$1.1M under management
Price to the planCosts are estimatesLast spoke in 16 days7 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
113k bu priced, 83% of expected production.
Revenue locked
$898,292
-$18,511 of it over break-even.
Basis left open
13k bu
Board locked, cash price not yet settled.
Sold, not hauled
80k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 23, 2026 | Soybeans new crop | Forward/HTA | 11k bu | $10.56 | -$0.46 | $10.10 | +$0.62 $6,758 | Nov 2026 Hebron Farmers Co-op Not hauled |
| Jul 11, 2026 | Soybeans old crop | Cash | 12k bu | $10.88 | -$0.54 | $10.34 | -$0.68 -$8,024 | Oct 2026 Hebron Farmers Co-op Hauled |
| Jun 22, 2026 | Wheat new crop | Forward/HTA | 19k bu | $6.21 | -$0.68 | $5.53 | -$0.32 -$6,176 | Jul 2027 Hebron Farmers Co-op Not hauled |
| Jun 7, 2026 | Wheat new crop | Cash | 12k bu | $5.92 | -$0.61 | $5.31 | -$0.54 -$6,426 | Jul 2027 Hebron Farmers Co-op Not hauled |
| May 7, 2026 | Soybeans new crop | Forward/HTA | 13k bu | $11.40 | -$0.51 Open | $10.89 estimate | +$1.41 $18,612 | Nov 2026 Hebron Farmers Co-op Not hauled |
| May 4, 2026 | Soybeans old crop | Cash | 3,800 bu | $11.38 | -$0.52 | $10.86 | -$0.16 -$608 | Oct 2026 Hebron Farmers Co-op Hauled |
| Feb 28, 2026 | Soybeans old crop | Cash | 17k bu | $11.20 | -$0.49 | $10.71 | -$0.31 -$5,394 | Oct 2026 Hebron Farmers Co-op Hauled |
| Feb 27, 2026 | Wheat new crop | Basis | 24k bu | $5.84 | -$0.70 | $5.14 | -$0.71 -$17,253 | 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 |
|---|---|---|---|
| Oct 11, 2026 | Wheat | Declined | Recommended moving old crop, client is holding for a rally |
| May 1, 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.