GrainStrategy

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
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
96k bu
Priced
82%
78k bu · plan wants 72% by now
Revenue locked
$343,212
-$12,778 over cost
Still unpriced
18k bu
Worth $83,718 at today's bids and markets
CropPricedAverage receivedCost of productionMade over cost
Wheat (new crop)13k bu$5.78$5.90-$0.12
-$1,525
Corn (new crop)29k bu$4.17$3.94+$0.23
$6,797
Corn (old crop)36k bu$4.05$4.55-$0.50
-$18,050

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.