Two Rivers Ranch

Gary Rasmussen · Washington County, KS · Danae Kruse · client since 2022

189k bu at 70% priced

$861.9K under management

Price to the planCosts are estimatesLast spoke in 50 days7 other findings(785) 555-2928

Position Plan Working Orders Sales Break-evens Livestock Recap

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.

Wheat new crop · Jul 2027

Break-even $5.43 · cash bid $5.72 · 73% priced against a 72% pace

Ladder covers 52% of the cropGuarantee 37k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$5.71	+$0.28	15% 6,992 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$6.02	+$0.59	20% 9,322 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$6.28	+$0.85	17% 7,924 bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit

Wheat old crop · Sep 2026

Break-even $5.20 · cash bid $5.17 · 66% priced against a 95% pace

Ladder covers 66% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$5.51	+$0.31	15% 5,334 bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$5.70	+$0.50	17% 6,046 bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$5.99	+$0.79	19% 6,757 bu	Filled	Dec 9, 2026 in 4 months Window Feb-May	Hit
4	$6.31	+$1.11	15% 5,334 bu	$1.14	Feb 9, 2027 in 6 months Window Feb-May	Working

Milo new crop · Dec 2026

Break-even $3.92 · cash bid $3.83 · 70% priced against a 72% pace

Ladder covers 86% of the cropGuarantee 80k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.11	+$0.19	15% 16k bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$4.31	+$0.39	21% 22k bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$4.57	+$0.65	25% 27k bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit
4	$4.73	+$0.81	25% 27k bu	$0.90	Nov 9, 2026 in 3 months Window Feb-May	Working

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 $5.53 to count as clearing cost.