Willow Bend Family Farms

Lori Bergen · Washington County, KS · Owen Speck · client since 2017

184k bu at 74% priced · 721 head at 83% sold

$2.8M under management

Call before pricingCosts are estimatesLast spoke in 28 days13 other findings(785) 555-5545

Position Plan Working Orders Sales Break-evens Livestock Coverage Recap

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.

Soybeans new crop · Nov 2026

Break-even $10.70 · cash bid $10.42 · 77% priced against a 80% pace

Ladder covers 55% of the cropGuarantee 28k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$11.14	+$0.44	15% 5,215 bu	Filled	Jul 25, 2026 3 months ago Window Feb-May	Hit
2	$11.77	+$1.07	16% 5,563 bu	Filled	Sep 25, 2026 30 days ago Window Feb-May	Hit
3	$12.36	+$1.66	24% 8,344 bu	Filled	Nov 25, 2026 in 31 days Window Feb-May	Hit

Soybeans old crop · Nov 2026

Break-even $10.81 · cash bid $10.42 · 93% priced against a 95% pace

Ladder covers 72% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$11.44	+$0.63	15% 4,399 bu	Filled	Oct 25, 2026 today Window Feb-May	Hit
2	$12.05	+$1.24	17% 4,986 bu	Filled	Dec 25, 2026 in 61 days Window Feb-May	Hit
3	$12.62	+$1.81	25% 7,332 bu	Filled	Feb 25, 2027 in 4 months Window Feb-May	Hit
4	$13.11	+$2.30	15% 4,399 bu	Filled	Apr 25, 2027 in 6 months Window Feb-May	Hit

Corn new crop · Dec 2026

Break-even $4.17 · cash bid $4.03 · 68% priced against a 80% pace

Ladder covers 55% of the cropGuarantee 71k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.37	+$0.20	15% 15k bu	Filled	Jul 25, 2026 3 months ago Window Feb-May	Hit
2	$4.58	+$0.41	20% 20k bu	Filled	Sep 25, 2026 30 days ago Window Feb-May	Hit
3	$4.81	+$0.64	20% 20k bu	Filled	Nov 25, 2026 in 31 days Window Feb-May	Hit

Wheat new crop · Jul 2027

Break-even $5.77 · cash bid $5.27 · 73% priced against a 80% pace

Ladder covers 78% of the cropGuarantee 15k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$6.04	+$0.27	15% 2,891 bu	Filled	Jul 25, 2026 3 months ago Window Feb-May	Hit
2	$6.34	+$0.57	21% 4,048 bu	Filled	Sep 25, 2026 30 days ago Window Feb-May	Hit
3	$6.73	+$0.96	17% 3,277 bu	Filled	Nov 25, 2026 in 31 days Window Feb-May	Hit
4	$7.06	+$1.29	25% 4,819 bu	$1.79	Jan 25, 2027 in 3 months Window Feb-May	Working

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 $10.80 to count as clearing cost.