Wild Rose Farms LLC
Kirby Hastings · Mitchell County, KS · Owen Speck · client since 2016
195k bu at 60% priced
$845.8K under management
Price to the planCosts from their booksLast spoke in 2 months4 other findings(785) 555-7218
33k 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
118k bu priced, 60% of expected production.
Revenue locked
$512,326
$53,985 of it over break-even.
Basis left open
33k bu
Board locked, cash price not yet settled.
Sold, not hauled
62k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 8, 2026 | Corn new crop | Cash | 10k bu | $4.43 | -$0.03 | $4.40 | +$0.52 $5,252 | Dec 2026 Atchison River Terminal Not hauled |
| May 6, 2026 | Corn old crop | Cash | 29k bu | $4.30 | -$0.03 | $4.27 | +$0.36 $10,548 | Aug 2026 Atchison River Terminal Hauled |
| Mar 13, 2026 | Corn old crop | Basis | 11k bu | $4.12 | -$0.01 | $4.11 | +$0.20 $2,120 | Aug 2026 Atchison River Terminal Hauled |
| Feb 12, 2026 | Corn new crop | Forward/HTA | 11k bu | $4.52 | -$0.03 Open | $4.49 estimate | +$0.61 $6,710 | Dec 2026 Atchison River Terminal Not hauled |
| Jan 10, 2026 | Corn old crop | Forward/HTA | 16k bu | $4.32 | -$0.02 | $4.30 | +$0.39 $6,084 | Aug 2026 Atchison River Terminal Hauled |
| Dec 25, 2025 | Corn new crop | Forward/HTA | 19k bu | $4.33 | -$0.08 | $4.25 | +$0.37 $6,919 | Dec 2026 Atchison River Terminal Not hauled |
| Oct 30, 2025 | Corn new crop | Forward/HTA | 22k bu | $4.64 | -$0.03 Open | $4.61 estimate | +$0.73 $16,352 | 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 |
|---|---|---|---|
| Jul 16, 2026 | Corn | No answer | Left a message about the next tranche |
| May 23, 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.