Walnut Grove Farms LLC
Lyle Hemmelgarn · Clay County, KS · Katie Rennick · client since 2018
323k bu at 37% priced
$1.1M under management
Call before pricingCosts are estimatesLast spoke in 4 months8 other findings(785) 555-2514
Lyle Hemmelgarn has declined a recommendation 2 times on this account. That is a client's right on their own grain, and the dated record of it below is what protects both sides of the conversation later.
Contracts
4
121k bu priced, 37% of expected production.
Revenue locked
$437,064
-$74,704 of it over break-even.
Basis left open
0 bu
Board locked, cash price not yet settled.
Sold, not hauled
121k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 14, 2026 | Milo new crop | Basis | 37k bu | $4.12 | -$0.46 | $3.66 | -$0.58 -$21,402 | Dec 2026 Smith Center Feeders Not hauled |
| Jun 3, 2026 | Milo new crop | Basis | 11k bu | $3.92 | -$0.53 | $3.39 | -$0.85 -$9,010 | Dec 2026 Smith Center Feeders Not hauled |
| Mar 22, 2026 | Milo new crop | Cash | 18k bu | $4.07 | -$0.48 | $3.59 | -$0.65 -$11,960 | Dec 2026 Smith Center Feeders Not hauled |
| Feb 16, 2026 | Milo new crop | Cash | 55k bu | $4.11 | -$0.46 | $3.65 | -$0.59 -$32,332 | Dec 2026 Smith Center Feeders 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 22, 2026 | Milo | Declined | Recommended fixing basis, client wants to see spring |
| Sep 16, 2026 | Milo | Priced | Filled the resting order and confirmed the contract |
| Jul 29, 2026 | Milo | Declined | Recommended moving old crop, client is holding for a rally |
| Jun 22, 2026 | Milo | Priced | Fixed the basis on an open HTA |
| May 13, 2026 | Milo | Check in | Season check in, no recommendation |
| Mar 2, 2026 | Milo | Priced | Filled the resting order and confirmed the contract |
| Jan 1, 2026 | Milo | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
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.