Silver Sage Farms

Elaine Iverson · Webster County, NE · Katie Rennick · client since 2024

126k bu at 79% priced · 341 head at 95% sold

$1.3M under management

Call before pricingCosts are estimatesLast spoke in 6 days7 other findings(785) 555-3008

Position Plan Working Orders Sales Break-evens Livestock Coverage Recap

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 $4.40 · cash bid $4.14 · 73% priced against a 80% pace

Ladder covers 50% of the cropGuarantee 48k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.64	+$0.24	15% 9,575 bu	Filled	Jul 25, 2026 3 months ago Window Feb-May	Hit
2	$4.85	+$0.45	15% 9,575 bu	Filled	Sep 25, 2026 30 days ago Window Feb-May	Hit
3	$5.10	+$0.70	20% 13k bu	Filled	Nov 25, 2026 in 31 days Window Feb-May	Hit

Soybeans new crop · Nov 2026

Break-even $9.45 · cash bid $10.51 · 78% priced against a 80% pace

Ladder covers 52% of the cropGuarantee 28k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$9.87	+$0.42	15% 4,973 bu	Filled	Jul 25, 2026 3 months ago Window Feb-May	Hit
2	$10.38	+$0.93	21% 6,963 bu	Filled	Sep 25, 2026 30 days ago Window Feb-May	Hit
3	$11.00	+$1.55	16% 5,305 bu	Filled	Nov 25, 2026 in 31 days Window Feb-May	Hit

Soybeans old crop · Nov 2026

Break-even $10.41 · cash bid $10.51 · 93% priced against a 95% pace

Ladder covers 78% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$10.96	+$0.55	15% 4,326 bu	Filled	Oct 25, 2026 today Window Feb-May	Hit
2	$11.52	+$1.11	23% 6,634 bu	Filled	Dec 25, 2026 in 61 days Window Feb-May	Hit
3	$12.02	+$1.61	16% 4,615 bu	Filled	Feb 25, 2027 in 4 months Window Feb-May	Hit
4	$12.64	+$2.23	24% 6,922 bu	Filled	Apr 25, 2027 in 6 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 $4.50 to count as clearing cost.