Salt Fork Grain Co
Dana Hastings · Washington County, KS · Danae Kruse · client since 2019
225k bu at 88% priced
$902.1K under management
Call before pricingCosts from their booksLast spoke in 37 days4 other findings(785) 555-5922
18k 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 Dana Hastings plainly that this part of the position is not fully priced yet.
Contracts
7
198k bu priced, 88% of expected production.
Revenue locked
$791,440
$18,846 of it over break-even.
Basis left open
18k bu
Board locked, cash price not yet settled.
Sold, not hauled
112k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 28, 2026 | Corn new crop | Forward/HTA | 23k bu | $4.17 | -$0.27 | $3.90 | +$0.11 $2,541 | Dec 2026 Clay Center Ethanol Not hauled |
| Jul 11, 2026 | Corn old crop | Forward/HTA | 32k bu | $4.49 | -$0.25 | $4.24 | +$0.22 $7,040 | Oct 2026 Clay Center Ethanol Hauled |
| May 15, 2026 | Corn new crop | Basis | 24k bu | $4.35 | -$0.33 | $4.02 | +$0.23 $5,405 | Dec 2026 Clay Center Ethanol Not hauled |
| May 2, 2026 | Corn old crop | Cash | 12k bu | $4.20 | -$0.31 | $3.89 | -$0.13 -$1,521 | Oct 2026 Clay Center Ethanol Hauled |
| Mar 20, 2026 | Corn new crop | Basis | 48k bu | $4.27 | -$0.31 | $3.96 | +$0.17 $8,160 | Dec 2026 Clay Center Ethanol Not hauled |
| Mar 14, 2026 | Corn old crop | Forward/HTA | 18k bu | $4.20 | -$0.29 Open | $3.91 estimate | -$0.11 -$1,947 | Oct 2026 Clay Center Ethanol Not hauled |
| Jan 27, 2026 | Corn old crop | Cash | 42k bu | $4.31 | -$0.31 | $4.00 | -$0.02 -$832 | Oct 2026 Clay Center Ethanol 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 |
|---|---|---|---|
| Sep 14, 2026 | Corn | Check in | Updated break-evens from their books |
| Aug 14, 2026 | Corn | Check in | Season check in, no recommendation |
| Apr 10, 2026 | Corn | Priced | Booked a forward contract inside the insurance guarantee |
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.