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
38k 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 Kirby Hastings plainly that this part of the position is not fully priced yet.
Contracts
7
126k bu priced, 65% of expected production.
Revenue locked
$512,653
$22,496 of it over break-even.
Basis left open
38k bu
Board locked, cash price not yet settled.
Sold, not hauled
70k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 24, 2026 | Corn new crop | Cash | 11k bu | $4.30 | -$0.26 | $4.04 | +$0.16 $1,808 | Dec 2026 Atchison River Terminal Not hauled |
| Jul 22, 2026 | Corn old crop | Cash | 29k bu | $4.34 | -$0.26 | $4.08 | +$0.17 $4,981 | Oct 2026 Atchison River Terminal Hauled |
| May 29, 2026 | Corn old crop | Basis | 11k bu | $4.16 | -$0.24 | $3.92 | +$0.01 $106 | Oct 2026 Atchison River Terminal Hauled |
| Apr 30, 2026 | Corn new crop | Forward/HTA | 13k bu | $4.39 | -$0.26 Open | $4.13 estimate | +$0.25 $3,125 | Dec 2026 Atchison River Terminal Not hauled |
| Mar 28, 2026 | Corn old crop | Forward/HTA | 16k bu | $4.36 | -$0.25 | $4.11 | +$0.20 $3,120 | Oct 2026 Atchison River Terminal Hauled |
| Mar 12, 2026 | Corn new crop | Forward/HTA | 21k bu | $4.20 | -$0.31 | $3.89 | +$0.01 $212 | Dec 2026 Atchison River Terminal Not hauled |
| Jan 15, 2026 | Corn new crop | Forward/HTA | 25k bu | $4.50 | -$0.26 Open | $4.24 estimate | +$0.36 $9,144 | Dec 2026 Atchison River Terminal 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 |
|---|---|---|---|
| Oct 1, 2026 | Corn | No answer | Left a message about the next tranche |
| Aug 8, 2026 | Corn | Agreed, not yet executed | Agreed to place a resting order at the next target |
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.