Wheatland Family Farms
Rhonda Wendt · Thayer County, NE · Owen Speck · client since 2022
647k bu at 31% priced · 356 head at 97% sold
$2.9M under management
Self directedCosts from their booksLast spoke in 4 months1 critical5 other findings(785) 555-3748
$1,205,333 is locked across 3 contracts, $68,404 of it over this family's cost of production. Every one of those decisions has a dated record behind it.
Contracts
3
198k bu priced, 31% of expected production.
Revenue locked
$1,205,333
$68,404 of it over break-even.
Basis left open
0 bu
Board locked, cash price not yet settled.
Sold, not hauled
198k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 27, 2026 | Corn new crop | Cash | 45k bu | $4.48 | -$0.44 | $4.04 | -$0.28 -$12,572 | Dec 2026 Hebron Farmers Co-op Not hauled |
| May 27, 2026 | Corn new crop | Basis | 44k bu | $4.44 | -$0.48 | $3.96 | -$0.36 -$15,912 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Apr 11, 2026 | Corn new crop | Cash | 109k bu | $4.26 | -$0.49 | $3.77 | -$0.55 -$59,730 | 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 |
|---|---|---|---|
| Sep 8, 2026 | Corn | No answer | Left a message about the next tranche |
| Sep 8, 2026 | Corn | Check in | Walked through the position and the ladder |
| Aug 3, 2026 | Corn | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
| Jun 11, 2026 | Corn | Priced | Fixed the basis on an open HTA |
| Jun 4, 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.