North Fork Land & Cattle
Beth Hastings · Jewell County, KS · Danae Kruse · client since 2026
282k bu at 60% priced
$2.9M under management
Price to the planCosts are estimatesLast spoke in 4 months10 other findings(785) 555-9075
40k 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 Beth Hastings plainly that this part of the position is not fully priced yet.
Contracts
7
170k bu priced, 60% of expected production.
Revenue locked
$1,763,431
$2,807 of it over break-even.
Basis left open
40k bu
Board locked, cash price not yet settled.
Sold, not hauled
103k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 24, 2026 | Soybeans old crop | Forward/HTA | 26k bu | $10.66 | -$0.52 Open | $10.14 estimate | +$0.55 $14,080 | Oct 2026 Mankato Elevator Hauled |
| Jul 5, 2026 | Soybeans new crop | Forward/HTA | 26k bu | $11.26 | -$0.48 | $10.78 | -$0.11 -$2,893 | Nov 2026 Mankato Elevator Not hauled |
| May 5, 2026 | Soybeans old crop | Forward/HTA | 15k bu | $11.01 | -$0.50 | $10.51 | +$0.92 $13,340 | Oct 2026 Mankato Elevator Hauled |
| May 1, 2026 | Soybeans new crop | Forward/HTA | 14k bu | $10.67 | -$0.52 Open | $10.15 estimate | -$0.74 -$10,286 | Nov 2026 Mankato Elevator Not hauled |
| Apr 11, 2026 | Soybeans new crop | Basis | 24k bu | $10.73 | -$0.51 | $10.22 | -$0.67 -$16,147 | Nov 2026 Mankato Elevator Not hauled |
| Mar 30, 2026 | Soybeans old crop | Forward/HTA | 26k bu | $10.98 | -$0.56 | $10.42 | +$0.83 $21,829 | Oct 2026 Mankato Elevator Hauled |
| Jan 22, 2026 | Soybeans new crop | Cash | 39k bu | $10.97 | -$0.52 | $10.45 | -$0.44 -$17,116 | Nov 2026 Mankato Elevator 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 |
|---|---|---|---|
| Sep 10, 2026 | Soybeans | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
| Aug 16, 2026 | Soybeans | No answer | Left a message about the next tranche |
| Mar 28, 2026 | Soybeans | Priced | Fixed the basis on an open HTA |
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.