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
20k 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 Dell Hemmelgarn plainly that this part of the position is not fully priced yet.
Contracts
8
78k bu priced, 82% of expected production.
Revenue locked
$343,212
-$12,778 of it over break-even.
Basis left open
20k bu
Board locked, cash price not yet settled.
Sold, not hauled
61k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 15, 2026 | Corn new crop | Cash | 18k bu | $4.28 | -$0.22 | $4.06 | +$0.12 $2,196 | Dec 2026 Concordia Grain Not hauled |
| May 1, 2026 | Wheat new crop | Cash | 3,300 bu | $5.86 | -$0.29 | $5.57 | -$0.33 -$1,089 | Jul 2027 Concordia Grain Not hauled |
| Apr 6, 2026 | Corn old crop | Cash | 8,300 bu | $4.25 | -$0.24 | $4.01 | -$0.54 -$4,482 | Aug 2026 Concordia Grain Hauled |
| Feb 19, 2026 | Corn new crop | Forward/HTA | 11k bu | $4.63 | -$0.26 | $4.37 | +$0.43 $4,601 | Dec 2026 Concordia Grain Not hauled |
| Feb 12, 2026 | Wheat new crop | Cash | 3,700 bu | $6.04 | -$0.21 | $5.83 | -$0.07 -$259 | Jul 2027 Concordia Grain Not hauled |
| Feb 11, 2026 | Corn old crop | Cash | 8,600 bu | $4.18 | -$0.21 | $3.97 | -$0.58 -$4,988 | Aug 2026 Concordia Grain Hauled |
| Dec 22, 2025 | Wheat new crop | Forward/HTA | 5,900 bu | $6.16 | -$0.29 | $5.87 | -$0.03 -$177 | Jul 2027 Concordia Grain Not hauled |
| Dec 18, 2025 | Corn old crop | Forward/HTA | 20k bu | $4.34 | -$0.23 Open | $4.11 estimate | -$0.44 -$8,580 | Aug 2026 Concordia Grain 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 25, 2026 | Corn | Check in | Season check in, no recommendation |
| Apr 19, 2026 | Corn | Declined | Recommended moving old crop, client is holding for a rally |
| Jan 18, 2026 | Corn | No answer | Left a message about an expiring order |
| Oct 30, 2025 | Corn | No answer | Left a message about the next tranche |
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.