Salt Fork Grain Co
Dana Hastings · Washington County, KS · Danae Kruse · client since 2019
225k bu at 84% priced
$964.6K under management
Call before pricingCosts from their booksLast spoke in 52 days2 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
190k bu priced, 84% of expected production.
Revenue locked
$810,720
$68,067 of it over break-even.
Basis left open
18k bu
Board locked, cash price not yet settled.
Sold, not hauled
104k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 12, 2026 | Corn new crop | Forward/HTA | 21k bu | $4.29 | -$0.04 | $4.25 | +$0.46 $9,752 | Dec 2026 Clay Center Ethanol Not hauled |
| Apr 25, 2026 | Corn old crop | Forward/HTA | 32k bu | $4.45 | -$0.02 | $4.43 | +$0.41 $13,120 | Aug 2026 Clay Center Ethanol Hauled |
| Feb 27, 2026 | Corn new crop | Basis | 22k bu | $4.48 | -$0.10 | $4.38 | +$0.59 $12,685 | Dec 2026 Clay Center Ethanol Not hauled |
| Feb 14, 2026 | Corn old crop | Cash | 12k bu | $4.16 | -$0.08 | $4.08 | +$0.06 $702 | Aug 2026 Clay Center Ethanol Hauled |
| Jan 2, 2026 | Corn new crop | Basis | 44k bu | $4.40 | -$0.08 | $4.32 | +$0.53 $23,320 | Dec 2026 Clay Center Ethanol Not hauled |
| Dec 27, 2025 | Corn old crop | Forward/HTA | 18k bu | $4.16 | -$0.06 Open | $4.10 estimate | +$0.08 $1,416 | Aug 2026 Clay Center Ethanol Not hauled |
| Nov 11, 2025 | Corn old crop | Cash | 42k bu | $4.27 | -$0.08 | $4.19 | +$0.17 $7,072 | Aug 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 |
|---|---|---|---|
| Jun 29, 2026 | Corn | Check in | Updated break-evens from their books |
| May 29, 2026 | Corn | Check in | Season check in, no recommendation |
| Jan 23, 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.