Wheatland Family Farms
Rhonda Wendt · Thayer County, NE · Owen Speck · client since 2022
647k bu at 23% priced · 356 head at 69% sold
$3.2M under management
Self directedCosts from their booksLast spoke in 4 months1 critical3 other findings(785) 555-3748
$949,707 is locked across 3 contracts, $119,364 of it over this family's cost of production. Every one of those decisions has a dated record behind it.
Contracts
3
146k bu priced, 23% of expected production.
Revenue locked
$949,707
$119,364 of it over break-even.
Basis left open
0 bu
Board locked, cash price not yet settled.
Sold, not hauled
146k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 11, 2026 | Corn new crop | Cash | 33k bu | $4.62 | -$0.21 | $4.41 | +$0.09 $2,979 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Mar 11, 2026 | Corn new crop | Basis | 33k bu | $4.57 | -$0.25 | $4.32 | +$0.00 $0 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Jan 24, 2026 | Corn new crop | Cash | 80k bu | $4.39 | -$0.26 | $4.13 | -$0.19 -$15,238 | Dec 2026 Hebron Farmers Co-op 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 |
|---|---|---|---|
| Jun 23, 2026 | Corn | No answer | Left a message about the next tranche |
| Jun 23, 2026 | Corn | Check in | Walked through the position and the ladder |
| May 18, 2026 | Corn | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
| Mar 26, 2026 | Corn | Priced | Fixed the basis on an open HTA |
| Mar 19, 2026 | Corn | Check in | Season check in, no recommendation |
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.