Walnut Grove Farms LLC
Lyle Hemmelgarn · Clay County, KS · Katie Rennick · client since 2018
323k bu at 29% priced
$1.3M under management
Call before pricingCosts are estimatesLast spoke in 4 months1 critical3 other findings(785) 555-2514
1 rung has passed their sell-by date with the bushels still unpriced. The plan prices those tranches on the calendar rather than the market, which is the whole point of writing a date next to a price. Either price them or agree a new date with the family and write it down.
Milo new crop · Dec 2026
Break-even $4.24 · cash bid $3.83 · 29% priced against a 72% pace
Ladder covers 72% of the crop
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $4.43 | +$0.19 | 15% 48k bu | Filled | May 9, 2026 4 months ago Window Feb-May | Hit |
| 2 | $4.65 | +$0.41 | 21% 68k bu | $0.82 | Jul 9, 2026 46 days ago Window Feb-May | Time stop passed |
| 3 | $4.90 | +$0.66 | 21% 68k bu | $1.07 | Sep 9, 2026 in 16 days Window Feb-May | Due soon |
| 4 | $5.15 | +$0.91 | 15% 48k bu | $1.32 | 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 $4.34 to count as clearing cost.