Ash Hollow Land & Cattle
Wade Klein · Thayer County, NE · Katie Rennick · client since 2026
52k bu at 77% priced
$266.8K under management
Price to the planCosts are stated, not from their booksLast spoke in 53 days1 critical2 other findings(785) 555-2133
6,900 bu is priced on the board with the basis still open, so the average price below is an estimate on those bushels rather than a number. Somebody has to ring the elevator and fix it, or tell Wade Klein plainly that this part of the position is not fully priced yet.
Contracts
4
40k bu priced, 77% of expected production.
Revenue locked
$205,233
-$23,219 of it over break-even.
Basis left open
6,900 bu
Board locked, cash price not yet settled.
Sold, not hauled
40k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jun 27, 2026 | Wheat new crop | Cash | 10k bu | $5.76 | -$0.70 | $5.06 | -$0.68 -$7,072 | Jul 2027 Hebron Farmers Co-op Not hauled |
| Jun 2, 2026 | Wheat new crop | Forward/HTA | 7,100 bu | $5.99 | -$0.63 | $5.36 | -$0.38 -$2,698 | Jul 2027 Hebron Farmers Co-op Not hauled |
| Apr 8, 2026 | Wheat new crop | Forward/HTA | 6,900 bu | $5.79 | -$0.66 Open | $5.13 estimate | -$0.61 -$4,209 | Jul 2027 Hebron Farmers Co-op Not hauled |
| Jan 23, 2026 | Wheat new crop | Cash | 15k bu | $5.76 | -$0.62 | $5.14 | -$0.60 -$9,240 | Jul 2027 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 12, 2026 | Wheat | Check in | Walked through the position and the ladder |
| Jul 16, 2026 | Wheat | Priced | Priced the next tranche at the elevator, board plus basis |
| Jun 7, 2026 | Wheat | Check in | Updated break-evens from their books |
| May 16, 2026 | Wheat | Check in | Updated break-evens from their books |
| Apr 21, 2026 | Wheat | Agreed, not yet executed | Agreed to place a resting order at the next target |
| Mar 16, 2026 | Wheat | Priced | Fixed the basis on an open HTA |
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.