Chisholm Farms
Kirby Boone · Republic County, KS · Wes Tolliver · client since 2015
220k bu at 75% priced
$1.5M under management
Price to the planCosts are estimatesLast spoke in 52 days5 other findings(785) 555-7387
56k 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
166k bu priced, 75% of expected production.
Revenue locked
$1,092,426
$88,924 of it over break-even.
Basis left open
56k bu
Board locked, cash price not yet settled.
Sold, not hauled
166k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Apr 21, 2026 | Soybeans new crop | Forward/HTA | 34k bu | $11.14 | $0.04 | $11.18 | +$0.91 $31,304 | Nov 2026 Atchison River Terminal Not hauled |
| Apr 15, 2026 | Corn new crop | Cash | 34k bu | $4.62 | -$0.07 | $4.55 | +$0.45 $15,480 | Dec 2026 Atchison River Terminal Not hauled |
| Feb 19, 2026 | Corn new crop | Cash | 22k bu | $4.45 | $0.00 | $4.45 | +$0.35 $7,840 | Dec 2026 Atchison River Terminal Not hauled |
| Feb 6, 2026 | Soybeans new crop | Cash | 18k bu | $11.35 | -$0.06 | $11.29 | +$1.02 $18,564 | Nov 2026 Atchison River Terminal Not hauled |
| Jan 11, 2026 | Corn new crop | Forward/HTA | 56k bu | $4.41 | -$0.03 Open | $4.38 estimate | +$0.28 $15,736 | 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 |
|---|---|---|---|
| Jul 2, 2026 | Soybeans | Priced | Filled the resting order and confirmed the contract |
| Jun 21, 2026 | Soybeans | Priced | Filled the resting order and confirmed the contract |
| Apr 24, 2026 | Soybeans | Check in | Season check in, no recommendation |
| Apr 14, 2026 | Soybeans | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
| Feb 24, 2026 | Soybeans | Priced | Fixed the basis on an open HTA |
| Dec 13, 2025 | Corn | Priced | Booked a forward contract inside the insurance guarantee |
| Oct 21, 2025 | 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.