Turkey Creek Ag
Dell Grosshans · Webster County, NE · Katie Rennick · client since 2019
673k bu at 63% priced
$2.5M under management
Call before pricingCosts are estimatesLast spoke in 29 days10 other findings(785) 555-9642
58k 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 Grosshans plainly that this part of the position is not fully priced yet.
Contracts
9
426k bu priced, 63% of expected production.
Revenue locked
$1,575,604
-$179,817 of it over break-even.
Basis left open
58k bu
Board locked, cash price not yet settled.
Sold, not hauled
214k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 31, 2026 | Milo new crop | Forward/HTA | 64k bu | $3.95 | -$0.51 | $3.44 | -$0.06 -$3,828 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Jul 14, 2026 | Corn new crop | Cash | 60k bu | $4.15 | -$0.51 | $3.64 | -$0.75 -$44,850 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Jun 29, 2026 | Corn old crop | Cash | 58k bu | $4.27 | -$0.45 | $3.82 | -$0.37 -$21,275 | Oct 2026 Hebron Farmers Co-op Hauled |
| May 16, 2026 | Corn old crop | Cash | 41k bu | $4.31 | -$0.51 | $3.80 | -$0.39 -$16,068 | Oct 2026 Hebron Farmers Co-op Hauled |
| May 13, 2026 | Corn new crop | Cash | 16k bu | $4.20 | -$0.46 | $3.74 | -$0.65 -$10,400 | Dec 2026 Hebron Farmers Co-op Not hauled |
| May 9, 2026 | Milo new crop | Cash | 16k bu | $4.07 | -$0.44 | $3.63 | +$0.13 $2,080 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Apr 4, 2026 | Corn old crop | Forward/HTA | 56k bu | $4.31 | -$0.48 | $3.83 | -$0.36 -$20,160 | Oct 2026 Hebron Farmers Co-op Hauled |
| Apr 1, 2026 | Corn new crop | Forward/HTA | 58k bu | $4.18 | -$0.47 Open | $3.71 estimate | -$0.68 -$39,576 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Feb 6, 2026 | Corn old crop | Forward/HTA | 57k bu | $4.19 | -$0.45 | $3.74 | -$0.45 -$25,740 | Oct 2026 Hebron Farmers Co-op 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 |
|---|---|---|---|
| Jun 28, 2026 | Corn | Priced | Booked a forward contract inside the insurance guarantee |
| May 17, 2026 | Corn | Declined | Recommended fixing basis, client wants to see spring |
| May 7, 2026 | Corn | Priced | Booked a forward contract inside the insurance guarantee |
| Apr 8, 2026 | Milo | Declined | Recommended moving old crop, client is holding for a rally |
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.