Turkey Creek Ag
Dell Grosshans · Webster County, NE · Katie Rennick · client since 2019
673k bu at 58% priced
$2.7M under management
Call before pricingCosts are estimatesLast spoke in 44 days6 other findings(785) 555-9642
48k 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
390k bu priced, 58% of expected production.
Revenue locked
$1,551,348
-$57,781 of it over break-even.
Basis left open
48k bu
Board locked, cash price not yet settled.
Sold, not hauled
178k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 15, 2026 | Milo new crop | Forward/HTA | 53k bu | $4.05 | -$0.23 | $3.82 | +$0.32 $17,024 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Apr 28, 2026 | Corn new crop | Cash | 50k bu | $4.28 | -$0.28 | $4.00 | -$0.39 -$19,344 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Apr 13, 2026 | Corn old crop | Cash | 58k bu | $4.23 | -$0.22 | $4.01 | -$0.18 -$10,350 | Aug 2026 Hebron Farmers Co-op Hauled |
| Feb 28, 2026 | Corn old crop | Cash | 41k bu | $4.27 | -$0.28 | $3.99 | -$0.20 -$8,240 | Aug 2026 Hebron Farmers Co-op Hauled |
| Feb 25, 2026 | Corn new crop | Cash | 13k bu | $4.33 | -$0.23 | $4.10 | -$0.29 -$3,857 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Feb 21, 2026 | Milo new crop | Cash | 13k bu | $4.17 | -$0.16 | $4.01 | +$0.51 $6,834 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Jan 17, 2026 | Corn old crop | Forward/HTA | 56k bu | $4.27 | -$0.25 | $4.02 | -$0.17 -$9,520 | Aug 2026 Hebron Farmers Co-op Hauled |
| Jan 14, 2026 | Corn new crop | Forward/HTA | 48k bu | $4.31 | -$0.24 Open | $4.07 estimate | -$0.32 -$15,456 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Nov 21, 2025 | Corn old crop | Forward/HTA | 57k bu | $4.15 | -$0.22 | $3.93 | -$0.26 -$14,872 | Aug 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 |
|---|---|---|---|
| Apr 12, 2026 | Corn | Priced | Booked a forward contract inside the insurance guarantee |
| Mar 1, 2026 | Corn | Declined | Recommended fixing basis, client wants to see spring |
| Feb 19, 2026 | Corn | Priced | Booked a forward contract inside the insurance guarantee |
| Jan 21, 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.