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
Dell Albrecht has declined a recommendation 2 times on this account. That is a client's right on their own grain, and the dated record of it below is what protects both sides of the conversation later.
Contracts
5
1.8M bu priced, 79% of expected production.
Revenue locked
$7,924,261
$316,599 of it over break-even.
Basis left open
0 bu
Board locked, cash price not yet settled.
Sold, not hauled
1.8M bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 12, 2026 | Corn old crop | Forward/HTA | 294k bu | $4.13 | -$0.03 | $4.10 | -$0.03 -$8,808 | Aug 2026 Clay Center Ethanol Not hauled |
| Apr 20, 2026 | Corn new crop | Cash | 728k bu | $4.49 | -$0.07 | $4.42 | +$0.30 $218,340 | Dec 2026 Clay Center Ethanol Not hauled |
| Mar 15, 2026 | Corn old crop | Cash | 316k bu | $4.32 | -$0.10 | $4.22 | +$0.09 $28,449 | Aug 2026 Clay Center Ethanol Not hauled |
| Feb 16, 2026 | Corn new crop | Cash | 202k bu | $4.67 | -$0.07 | $4.60 | +$0.48 $96,912 | Dec 2026 Clay Center Ethanol Not hauled |
| Dec 13, 2025 | Corn old crop | Cash | 305k bu | $4.14 | -$0.07 | $4.07 | -$0.06 -$18,294 | Aug 2026 Clay Center Ethanol 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 |
|---|---|---|---|
| Apr 15, 2026 | Corn | Declined | Recommended moving old crop, client is holding for a rally |
| Mar 23, 2026 | Corn | Priced | Filled the resting order and confirmed the contract |
| Feb 20, 2026 | Corn | Declined | Recommended moving old crop, client is holding for a rally |
| Feb 10, 2026 | Corn | Check in | Updated break-evens from their books |
| Dec 16, 2025 | Corn | Check in | Walked through the position and the ladder |
| Dec 4, 2025 | Corn | Priced | Fixed the basis on an open HTA |
| Nov 18, 2025 | Corn | Priced | Booked a forward contract inside the insurance guarantee |
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.