Wild Rose Farms LLC
Kirby Hastings · Mitchell County, KS · Owen Speck · client since 2016
195k bu at 65% priced
$791.5K under management
Price to the planCosts from their booksLast spoke in 60 days8 other findings(785) 555-7218
The figures below are computed from the desk's records and are the same figures the drafter is handed. The model writes the prose around them and does no arithmetic at all, because a wrong number in a recap is a misrepresentation to a family rather than a bug. If the drafter is unavailable the facts are still here, and the facts are the part that has to be right.
The position, as the family will read it
Expected production
195k bu
Priced
65%
126k bu · plan wants 80% by now
Revenue locked
$512,653
$22,496 over cost
Still unpriced
69k bu
Worth $278,838 at today's bids and markets
| Crop | Priced | Average received | Cost of production | Made over cost |
|---|---|---|---|---|
| Corn (new crop) | 70k bu | $4.08 | $3.88 | +$0.20 $14,289 |
| Corn (old crop) | 56k bu | $4.06 | $3.91 | +$0.15 $8,207 |
The note to send
Nothing drafted yet. The drafter is handed the figures above and asked to explain them, and it is told not to calculate, forecast, or tell the family what to do.
The drafter is given computed figures and forbidden from doing arithmetic, deriving anything, or implying a market forecast. Nobody on this desk knows where the board is going, and a recap that hints otherwise is the one document that could make a family's loss the desk's fault.
A recap is not a recommendation to the family. The advisor recommends, the family decides, and the language is written that way on purpose.