GrainStrategy

Copper Creek Land & Cattle

Ray Hastings · Clay County, KS · Owen Speck · client since 2021

195k bu at 59% priced
$1.7M under management
Self directedCosts are stated, not from their booksLast spoke in 49 days6 other findings(785) 555-8509
1 break-even is more than 6 months old. Every target, every margin and every recommendation on that crop is measured against numbers set before this season's fertilizer, fuel and cash rent were known. Getting Ray Hastings onto Farmer Metrics is what stops this being a phone call every six months. See the referral path.
From their books
0%
The rest were stated on a call or estimated from county averages.
Oldest
7 mo
The desk treats anything past 6 months as not trusted.
Desk cushion
$0.10
A break-even is an estimate, so pricing exactly at one is pricing at the midpoint of an error bar.
On Farmer Metrics
No
Costs have to be collected by phone every season.

Cost of production, by crop

CropBreak-evenSourceAs ofExpectedCost of the cropCash bid over costTrusted
Soybeans
new crop · 1,197 acres at 47 bu
$9.09Stated on a callAug 9, 202656k bu$511,394
$427/acre
+$1.69
bid $10.78
With a caveat
Soybeans
old crop · 998 acres at 53 bu
$9.39Stated on a callJul 9, 2026
1 month old
53k bu$496,675
$498/acre
+$1.35
bid $10.74
With a caveat
Wheat
new crop · 1,297 acres at 66 bu
$5.29Stated on a callJan 9, 2026
7 months old
86k bu$452,835
$349/acre
+$0.46
bid $5.75
Out of date

The desk treats a break-even older than 6 months as not trusted, because six months spans a planting-to-harvest change in fertilizer, fuel and cash rent. A February break-even used to justify an August sale is a different farm's numbers.

Cost per acre is the cost of the crop divided by planted acres, so it moves with yield as well as with cost. A good year lowers the cost per bushel without a single input getting cheaper, which is the part clients find hardest to believe and the reason the plan is written in dollars per bushel.