Two Rivers Ranch
Gary Rasmussen · Washington County, KS · Danae Kruse · client since 2022
Wheat new crop · Jul 2027
Break-even $5.43 · cash bid $5.27 · 78% priced against a 80% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $5.71 | +$0.28 | 15% 6,992 bu | Filled | Jul 25, 2026 3 months ago Window Feb-May | Hit |
| 2 | $6.02 | +$0.59 | 20% 9,322 bu | Filled | Sep 25, 2026 30 days ago Window Feb-May | Hit |
| 3 | $6.28 | +$0.85 | 17% 7,924 bu | Filled | Nov 25, 2026 in 31 days Window Feb-May | Hit |
Wheat old crop · Dec 2026
Break-even $5.20 · cash bid $4.89 · 66% priced against a 95% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $5.51 | +$0.31 | 15% 5,334 bu | Filled | Oct 25, 2026 today Window Feb-May | Hit |
| 2 | $5.70 | +$0.50 | 17% 6,046 bu | Filled | Dec 25, 2026 in 61 days Window Feb-May | Hit |
| 3 | $5.99 | +$0.79 | 19% 6,757 bu | Filled | Feb 25, 2027 in 4 months Window Feb-May | Hit |
| 4 | $6.31 | +$1.11 | 15% 5,334 bu | $1.42 | Apr 25, 2027 in 6 months Window Feb-May | Working |
Milo new crop · Dec 2026
Break-even $3.92 · cash bid $3.46 · 73% priced against a 80% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $4.11 | +$0.19 | 15% 16k bu | Filled | Jul 25, 2026 3 months ago Window Feb-May | Hit |
| 2 | $4.31 | +$0.39 | 21% 22k bu | Filled | Sep 25, 2026 30 days ago Window Feb-May | Hit |
| 3 | $4.57 | +$0.65 | 25% 27k bu | Filled | Nov 25, 2026 in 31 days Window Feb-May | Hit |
| 4 | $4.73 | +$0.81 | 25% 27k bu | $1.27 | Jan 25, 2027 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.