GrainStrategy

Tallgrass Ag

Vern Gruber · Thayer County, NE · Owen Speck · client since 2017

2.8M bu at 69% priced
$11.8M under management
Call before pricingCosts are estimatesLast spoke in 63 days7 other findings(785) 555-5288
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.

Corn new crop · Dec 2026

Break-even $4.14 · cash bid $4.14 · 52% priced against a 80% pace

Ladder covers 73% of the cropGuarantee 1.3M bu
RungPriceOver costTrancheAway from the bidSell byState
1$4.32+$0.1815%
249k bu
FilledJul 25, 2026
3 months ago
Window Feb-May
Hit
2$4.55+$0.4122%
365k bu
FilledSep 25, 2026
30 days ago
Window Feb-May
Hit
3$4.81+$0.6721%
348k bu
$0.67Nov 25, 2026
in 31 days
Window Feb-May
Working
4$5.00+$0.8615%
249k bu
$0.86Jan 25, 2027
in 3 months
Window Feb-May
Working

Corn old crop · Dec 2026

Break-even $3.78 · cash bid $4.14 · 92% priced against a 95% pace

Ladder covers 61% of the crop
RungPriceOver costTrancheAway from the bidSell byState
1$3.96+$0.1815%
176k bu
FilledOct 25, 2026
today
Window Feb-May
Hit
2$4.18+$0.4016%
187k bu
FilledDec 25, 2026
in 61 days
Window Feb-May
Hit
3$4.36+$0.5815%
176k bu
FilledFeb 25, 2027
in 4 months
Window Feb-May
Hit
4$4.57+$0.7915%
176k bu
FilledApr 25, 2027
in 6 months
Window Feb-May
Hit

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 $4.24 to count as clearing cost.