Old Cedar Land & Cattle

Lori Novak · Thayer County, NE · Danae Kruse · client since 2017

107k bu at 62% priced

$795.2K under management

Call before pricingCosts are stated, not from their booksLast spoke in 54 days5 other findings(785) 555-9552

Position Plan Working Orders Sales Break-evens Livestock 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.

Wheat new crop · Jul 2027

Break-even $5.19 · cash bid $5.79 · 68% priced against a 72% pace

Ladder covers 49% of the cropGuarantee 27k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$5.49	+$0.30	15% 5,741 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$5.78	+$0.59	16% 6,124 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$6.03	+$0.84	18% 6,889 bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit

Wheat old crop · Sep 2026

Break-even $5.47 · cash bid $5.24 · 48% priced against a 95% pace

Ladder covers 83% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$5.75	+$0.28	15% 4,985 bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$6.10	+$0.63	22% 7,311 bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$6.32	+$0.85	22% 7,311 bu	$1.08	Dec 9, 2026 in 4 months Window Feb-May	Working
4	$6.68	+$1.21	24% 7,975 bu	$1.44	Feb 9, 2027 in 6 months Window Feb-May	Working

Soybeans new crop · Nov 2026

Break-even $10.59 · cash bid $10.83 · 69% priced against a 72% pace

Ladder covers 77% of the cropGuarantee 27k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$11.04	+$0.45	15% 5,385 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$11.62	+$1.03	19% 6,821 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$12.32	+$1.73	19% 6,821 bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit
4	$12.95	+$2.36	24% 8,616 bu	$2.12	Nov 9, 2026 in 3 months Window Feb-May	Working

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 $5.29 to count as clearing cost.