Iron Mound Ag
Janelle Novak · Republic County, KS · Katie Rennick · client since 2024
216k bu at 76% priced
$844.2K under management
Price to the planCosts are estimatesLast spoke in 4 months1 critical3 other findings(785) 555-9009
$645,597 is locked across 2 contracts, $78,252 of it over this family's cost of production. Every one of those decisions has a dated record behind it.
Contracts
2
164k bu priced, 76% of expected production.
Revenue locked
$645,597
$78,252 of it over break-even.
Basis left open
0 bu
Board locked, cash price not yet settled.
Sold, not hauled
164k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Apr 8, 2026 | Milo new crop | Basis | 121k bu | $4.26 | -$0.27 | $3.99 | +$0.52 $63,024 | Dec 2026 Mankato Elevator Not hauled |
| Mar 7, 2026 | Milo new crop | Basis | 42k bu | $4.06 | -$0.23 | $3.83 | +$0.36 $15,228 | Dec 2026 Mankato Elevator 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 |
|---|---|---|---|
| Jul 30, 2026 | Milo | Check in | Walked through the position and the ladder |
| May 27, 2026 | Milo | No answer | Left a message about an expiring order |
| May 10, 2026 | Milo | Priced | Booked a forward contract inside the insurance guarantee |
| Mar 5, 2026 | Milo | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
| Feb 11, 2026 | Milo | Check in | Season check in, no recommendation |
| Feb 3, 2026 | Milo | Check in | Season check in, no recommendation |
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.