GrainStrategy

Bluestem Farms

Tessa Jansen · Clay County, KS · Katie Rennick · client since 2019

552k bu at 77% priced
$2.9M under management
Price to the planCosts from their booksLast spoke in 45 days2 other findings(785) 555-4727
5,970 bu of Soybeans has nowhere to go at harvest. Either price 5,970 bu ahead of harvest or book commercial space now, while there is space to book. 1 more findings on this family.
Priced
77%
423k bu of 552k bu · pace 72%
Revenue locked
$2.2M
$115,277 of it over break-even
On the table
$54.2K
Margin over cost in 129k bu unpriced, at today's bids.
Reading
Hold
5 live crops across 4,229 acres.

Soybeans new crop · Nov 2026

1,490 acres at 53 bu/acre · 79k bu expected

On plan
On plan: 68% sold at $10.95 average, $0.96/bu over break-even

Cash bid $10.78 still clears break-even. Let the working orders rest and revisit at the next rung (25% at $12.11).

Break-even
$9.99
From their books, Jun 9, 2026.
Cash bid today
$10.78
Board $10.88 with a -$0.10 basis.
Average sold
$10.95
+$0.96 over cost on 54k bu.
Bid over cost
+$0.79
$19,963 across the unpriced bushels.
Priced against pace68% of 72% target
25k bu unpricedStorage 19k bu, 24% of the crop54k bu sold, not hauled12k bu resting1,600 bu safe to contract

Resting in the market

InstrumentBushelsTriggerAwayExpires
Cash
Concordia Grain
5,700 bu$11.01 board$0.13Good til canceled
Forward/HTA
Concordia Grain
6,200 bu$10.99 cash$0.21Good til canceled

Milo new crop · Dec 2026

1,497 acres at 120 bu/acre · 180k bu expected

On plan
On plan: 73% sold at $3.96 average, $0.44/bu over break-even

Cash bid $3.86 still clears break-even. Let the working orders rest and revisit at the next rung (21% at $4.28).

Break-even
$3.52
From their books, Jun 9, 2026.
Cash bid today
$3.86
Board $4.05 with a -$0.19 basis.
Average sold
$3.96
+$0.44 over cost on 132k bu.
Bid over cost
+$0.34
$16,300 across the unpriced bushels.
Priced against pace73% of 72% target
48k bu unpricedStorage 119k bu, 66% of the crop132k bu sold, not hauled21k bu safe to contract

Milo old crop · Sep 2026

1,309 acres at 113 bu/acre · 148k bu expected

Hold
Cash bid $3.72 is under the $3.97 break-even

No forced sales. Storage covers 21% of the crop, so plan delivery or a basis contract for the rest and let the board come to you.

Break-even
$3.97
From their books, Jul 9, 2026.
Cash bid today
$3.72
Board $3.91 with a -$0.19 basis.
Average sold
$3.75
-$0.22 over cost on 138k bu.
Bid over cost
-$0.25
The market is not paying this family's cost right now.
Priced against pace93% of 95% target
9,917 bu unpricedStorage 31k bu, 21% of the crop27k bu sold, not hauled4,900 bu resting

Resting in the market

InstrumentBushelsTriggerAwayExpires
Forward/HTA
Concordia Grain
2,900 bu$4.21 cash$0.49Oct 31, 2026
Forward/HTA
Concordia Grain
2,000 bu$4.21 cash$0.49Sep 17, 2026

Wheat new crop · Jul 2027

1,242 acres at 59 bu/acre · 73k bu expected

On plan
On plan: 72% sold at $5.65 average, $0.76/bu over break-even

Cash bid $5.75 still clears break-even. Let the working orders rest and revisit at the next rung.

Break-even
$4.89
From their books, Jun 9, 2026.
Cash bid today
$5.75
Board $6.01 with a -$0.26 basis.
Average sold
$5.65
+$0.76 over cost on 52k bu.
Bid over cost
+$0.86
$17,955 across the unpriced bushels.
Priced against pace72% of 72% target
21k bu unpricedStorage 23k bu, 31% of the crop52k bu sold, not hauled4,700 bu resting6,200 bu safe to contract

Resting in the market

InstrumentBushelsTriggerAwayExpires
Forward/HTA
Concordia Grain
4,700 bu$6.18 board$0.17Good til canceled

Wheat old crop · Sep 2026

1,106 acres at 65 bu/acre · 72k bu expected

Hold
Cash bid $5.20 is under the $5.28 break-even

No forced sales. Storage covers 57% of the crop, so plan delivery or a basis contract for the rest and let the board come to you.

Break-even
$5.28
From their books, Jul 9, 2026.
Cash bid today
$5.20
Board $5.46 with a -$0.26 basis.
Average sold
$5.18
-$0.10 over cost on 47k bu.
Bid over cost
-$0.08
The market is not paying this family's cost right now.
Priced against pace66% of 95% target
25k bu unpricedStorage 41k bu, 57% of the crop19k bu basis open47k bu sold, not hauled

Every figure on this page is computed from the desk's records. Nothing here is a trade recommendation to the client: the plan is what they agreed to, the next action is what that plan calls for today, and a person decides.