Homestead Grain Co
Dell Albrecht · Clay County, KS · Katie Rennick · client since 2018
2.3M bu at 79% priced
$10.1M under management
Self directedCosts from their booksLast spoke in 28 days(785) 555-7055
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.
Corn new crop · Dec 2026
Break-even $4.12 · cash bid $4.38 · 68% priced against a 72% pace
Ladder covers 72% of the cropGuarantee 957k bu
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $4.29 | +$0.17 | 15% 205k bu | Filled | May 9, 2026 4 months ago Window Feb-May | Hit |
| 2 | $4.56 | +$0.44 | 16% 219k bu | Filled | Jul 9, 2026 46 days ago Window Feb-May | Hit |
| 3 | $4.80 | +$0.68 | 16% 219k bu | Filled | Sep 9, 2026 in 16 days Window Feb-May | Hit |
| 4 | $4.99 | +$0.87 | 25% 342k bu | $0.61 | Nov 9, 2026 in 3 months Window Feb-May | Working |
Corn old crop · Sep 2026
Break-even $4.13 · cash bid $4.21 · 94% priced against a 95% pace
Ladder covers 76% of the crop
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $4.32 | +$0.19 | 15% 145k bu | Filled | Aug 9, 2026 15 days ago Window Feb-May | Hit |
| 2 | $4.53 | +$0.40 | 18% 175k bu | Filled | Oct 9, 2026 in 46 days Window Feb-May | Hit |
| 3 | $4.78 | +$0.65 | 20% 194k bu | Filled | Dec 9, 2026 in 4 months Window Feb-May | Hit |
| 4 | $5.05 | +$0.92 | 23% 223k bu | Filled | Feb 9, 2027 in 6 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 $4.22 to count as clearing cost.