Morning Star Farms
June Ostrander · Washington County, KS · Bree Sandoval · client since 2023
223k bu at 60% priced
$959.2K under management
Self directedCosts from their booksLast spoke in 5 months3 other findings(785) 555-2127
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.
Corn new crop · Dec 2026
Break-even $4.39 · cash bid $4.30 · 68% priced against a 72% pace
Ladder covers 55% of the cropGuarantee 84k bu
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $4.59 | +$0.20 | 15% 18k bu | Filled | May 9, 2026 4 months ago Window Feb-May | Hit |
| 2 | $4.82 | +$0.43 | 17% 20k bu | Filled | Jul 9, 2026 46 days ago Window Feb-May | Hit |
| 3 | $5.10 | +$0.71 | 23% 28k bu | Filled | Sep 9, 2026 in 16 days Window Feb-May | Hit |
Corn old crop · Sep 2026
Break-even $3.84 · cash bid $4.13 · 51% priced against a 95% pace
Ladder covers 49% of the crop
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $4.04 | +$0.20 | 15% 15k bu | Filled | Aug 9, 2026 15 days ago Window Feb-May | Hit |
| 2 | $4.26 | +$0.42 | 17% 18k bu | Filled | Oct 9, 2026 in 46 days Window Feb-May | Hit |
| 3 | $4.44 | +$0.60 | 17% 18k bu | Filled | Dec 9, 2026 in 4 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 $4.49 to count as clearing cost.