Chisholm Farms
Kirby Boone · Republic County, KS · Wes Tolliver · client since 2015
220k bu at 82% priced
$1.4M under management
Price to the planCosts are estimatesLast spoke in 37 days8 other findings(785) 555-7387
62k 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 Kirby Boone plainly that this part of the position is not fully priced yet.
Contracts
5
181k bu priced, 82% of expected production.
Revenue locked
$1,117,319
$33,190 of it over break-even.
Basis left open
62k bu
Board locked, cash price not yet settled.
Sold, not hauled
181k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 7, 2026 | Soybeans new crop | Forward/HTA | 36k bu | $11.12 | -$0.26 | $10.86 | +$0.59 $21,476 | Nov 2026 Atchison River Terminal Not hauled |
| Jul 1, 2026 | Corn new crop | Cash | 38k bu | $4.49 | -$0.30 | $4.19 | +$0.09 $3,420 | Dec 2026 Atchison River Terminal Not hauled |
| May 7, 2026 | Corn new crop | Cash | 25k bu | $4.32 | -$0.23 | $4.09 | -$0.01 -$248 | Dec 2026 Atchison River Terminal Not hauled |
| Apr 24, 2026 | Soybeans new crop | Cash | 19k bu | $11.33 | -$0.36 | $10.97 | +$0.70 $13,510 | Nov 2026 Atchison River Terminal Not hauled |
| Mar 29, 2026 | Corn new crop | Forward/HTA | 62k bu | $4.28 | -$0.26 Open | $4.02 estimate | -$0.08 -$4,968 | Dec 2026 Atchison River Terminal 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 |
|---|---|---|---|
| Sep 17, 2026 | Soybeans | Priced | Filled the resting order and confirmed the contract |
| Sep 6, 2026 | Soybeans | Priced | Filled the resting order and confirmed the contract |
| Jul 10, 2026 | Soybeans | Check in | Season check in, no recommendation |
| Jun 30, 2026 | Soybeans | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
| May 12, 2026 | Soybeans | Priced | Fixed the basis on an open HTA |
| Feb 28, 2026 | Corn | Priced | Booked a forward contract inside the insurance guarantee |
| Jan 6, 2026 | Soybeans | Declined | Recommended pricing the next tranche, client wants to wait |
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.