Limestone Farms LLC

Dell Hemmelgarn · Mitchell County, KS · Katie Rennick · client since 2020

96k bu at 82% priced

$426.9K under management

Call before pricingCosts from their booksLast spoke in 41 days3 other findings(785) 555-5083

Position Plan Working Orders Sales Break-evens Livestock Recap

Every rung on every ladder clears this family's cost of production plus the desk's $0.10 cushion, and nothing has passed its sell-by date. The plan is doing its job.

Wheat new crop · Jul 2027

Break-even $5.90 · cash bid $5.75 · 68% priced against a 72% pace

Ladder covers 51% of the cropGuarantee 13k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$6.15	+$0.25	15% 2,846 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$6.51	+$0.61	21% 3,985 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$6.80	+$0.90	15% 2,846 bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit

Corn new crop · Dec 2026

Break-even $3.94 · cash bid $4.21 · 74% priced against a 72% pace

Ladder covers 59% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.16	+$0.22	15% 5,859 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$4.39	+$0.45	23% 8,984 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$4.61	+$0.67	21% 8,202 bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit

Corn old crop · Sep 2026

Break-even $4.55 · cash bid $4.04 · 96% priced against a 95% pace

Ladder covers 58% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.80	+$0.25	15% 5,699 bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$5.04	+$0.49	23% 8,739 bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$5.28	+$0.73	20% 7,599 bu	Filled	Dec 9, 2026 in 4 months Window Feb-May	Hit

Rungs are sorted by price rather than by the order they were entered, because a scale-up ladder only reads as a ladder in price order. Distance is measured from the cash bid, which is the board plus the local basis, not from the board alone.

A rung that filled before its date is done rather than overdue. The desk's cushion over break-even is $0.10, because a break-even is itself an estimate and pricing exactly at one is pricing at the midpoint of an error bar. On this crop that means a rung has to clear $6.00 to count as clearing cost.