Flint Ridge Acres
Cole Larsen · Webster County, NE · Owen Speck · client since 2016
476k bu at 41% priced
$2M under management
Call before pricingCosts are estimatesLast spoke in 37 days2 critical4 other findings(785) 555-8321
50k 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 Cole Larsen plainly that this part of the position is not fully priced yet.
Contracts
9
197k bu priced, 41% of expected production.
Revenue locked
$859,370
$22,550 of it over break-even.
Basis left open
50k bu
Board locked, cash price not yet settled.
Sold, not hauled
197k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Apr 22, 2026 | Milo old crop | Cash | 64k bu | $3.96 | -$0.19 | $3.77 | -$0.25 -$16,075 | Aug 2026 Hebron Farmers Co-op Not hauled |
| Apr 19, 2026 | Wheat new crop | Basis | 17k bu | $6.20 | -$0.27 | $5.93 | +$1.02 $16,830 | Jul 2027 Hebron Farmers Co-op Not hauled |
| Apr 14, 2026 | Milo new crop | Cash | 16k bu | $4.12 | -$0.18 | $3.94 | +$0.03 $489 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Mar 19, 2026 | Milo old crop | Forward/HTA | 35k bu | $3.78 | -$0.20 Open | $3.58 estimate | -$0.44 -$15,180 | Aug 2026 Hebron Farmers Co-op Not hauled |
| Mar 10, 2026 | Milo new crop | Basis | 5,000 bu | $4.05 | -$0.21 | $3.84 | -$0.07 -$350 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Mar 8, 2026 | Wheat new crop | Forward/HTA | 6,600 bu | $5.98 | -$0.36 | $5.62 | +$0.71 $4,686 | Jul 2027 Hebron Farmers Co-op Not hauled |
| Jan 23, 2026 | Wheat new crop | Forward/HTA | 16k bu | $6.01 | -$0.32 Open | $5.69 estimate | +$0.78 $12,090 | Jul 2027 Hebron Farmers Co-op Not hauled |
| Jan 3, 2026 | Milo new crop | Cash | 22k bu | $4.23 | -$0.18 | $4.05 | +$0.14 $3,108 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Nov 23, 2025 | Wheat new crop | Forward/HTA | 16k bu | $6.23 | -$0.28 | $5.95 | +$1.04 $16,952 | 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 |
|---|---|---|---|
| May 24, 2026 | Wheat | Declined | Recommended fixing basis, client wants to see spring |
| Apr 1, 2026 | Wheat | Agreed, not yet executed | Agreed to move old crop once trucking frees up |
| Mar 19, 2026 | Milo | Priced | Fixed the basis on an open HTA |
| Feb 9, 2026 | Milo | Check in | Updated break-evens from their books |
| Nov 14, 2025 | Milo | 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.