Homestead Grain Co
Dell Albrecht · Clay County, KS · Katie Rennick · client since 2018
2.3M bu at 79% priced
$9.4M under management
Self directedCosts from their booksLast spoke in 13 days2 other findings(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
$7,413,776
-$193,886 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 |
|---|---|---|---|---|---|---|---|---|
| Jul 28, 2026 | Corn old crop | Forward/HTA | 294k bu | $4.17 | -$0.26 | $3.91 | -$0.22 -$64,592 | Oct 2026 Clay Center Ethanol Not hauled |
| Jul 6, 2026 | Corn new crop | Cash | 728k bu | $4.36 | -$0.30 | $4.06 | -$0.06 -$43,668 | Dec 2026 Clay Center Ethanol Not hauled |
| May 31, 2026 | Corn old crop | Cash | 316k bu | $4.36 | -$0.33 | $4.03 | -$0.10 -$31,610 | Oct 2026 Clay Center Ethanol Not hauled |
| May 4, 2026 | Corn new crop | Cash | 202k bu | $4.53 | -$0.30 | $4.23 | +$0.11 $22,209 | Dec 2026 Clay Center Ethanol Not hauled |
| Feb 28, 2026 | Corn old crop | Cash | 305k bu | $4.18 | -$0.30 | $3.88 | -$0.25 -$76,225 | Oct 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 |
|---|---|---|---|
| Jul 1, 2026 | Corn | Declined | Recommended moving old crop, client is holding for a rally |
| Jun 8, 2026 | Corn | Priced | Filled the resting order and confirmed the contract |
| May 8, 2026 | Corn | Declined | Recommended moving old crop, client is holding for a rally |
| Apr 28, 2026 | Corn | Check in | Updated break-evens from their books |
| Mar 3, 2026 | Corn | Check in | Walked through the position and the ladder |
| Feb 19, 2026 | Corn | Priced | Fixed the basis on an open HTA |
| Feb 3, 2026 | 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.