Spring Branch Acres
Lyle Carver · Jewell County, KS · Katie Rennick · client since 2015
437k bu at 63% priced
$1.8M under management
Call before pricingCosts are estimatesLast spoke in 16 days4 other findings(785) 555-6437
Corn is 50% sold against a 72% pace with the bid $0.45/bu over cost. Price 47k bu through the elevator, which banks $21,044 over cost with no margin call risk. 3 more findings on this family.
Priced
63%
276k bu of 437k bu · pace 72%
Revenue locked
$1.1M
$7,685 of it over break-even
On the table
$45.7K
Margin over cost in 161k bu unpriced, at today's bids.
Reading
Needs a call
2 live crops across 3,825 acres.
Milo new crop · Dec 2026
2,383 acres at 98 bu/acre · 234k bu expected
Cash bid $3.83 is under the $4.20 break-even
No forced sales. Storage covers 47% of the crop, so plan delivery or a basis contract for the rest and let the board come to you.
Break-even
$4.20
Stated by the client, May 9, 2026.
Cash bid today
$3.83
Board $4.05 with a -$0.22 basis.
Average sold
$3.99
-$0.21 over cost on 174k bu.
Bid over cost
-$0.37
The market is not paying this family's cost right now.
Priced against pace74% of 72% target
60k bu unpricedStorage 109k bu, 47% of the crop71k bu basis open174k bu sold, not hauled32k bu resting25k bu safe to contract
Resting in the market
| Instrument | Bushels | Trigger | Away | Expires |
|---|---|---|---|---|
| Forward/HTA Smith Center Feeders | 16k bu | $4.17 board | $0.12 | Sep 24, 2026 |
| Forward/HTA Smith Center Feeders | 16k bu | $4.45 cash | $0.62 | Oct 22, 2026 |
Corn new crop · Dec 2026
1,442 acres at 141 bu/acre · 203k bu expected
Price the next 23%: the bid is $0.45/bu over break-even at 50% sold against a 72% pace
Locking this tranche at today's bid banks profit with no margin call risk. Insurance guarantees 163k bu, so 61k bu can be contracted without production risk.
47k bu at $4.39 banks $21,044 over break-even.
Break-even
$3.94
Estimated from county averages.
Cash bid today
$4.39
Board $4.44 with a -$0.05 basis.
Average sold
$4.38
+$0.44 over cost on 102k bu.
Bid over cost
+$0.45
$45,730 across the unpriced bushels.
Priced against pace50% of 72% target
102k bu unpricedStorage 80k bu, 39% of the crop102k bu sold, not hauled61k bu safe to contract
Every figure on this page is computed from the desk's records. Nothing here is a trade recommendation to the client: the plan is what they agreed to, the next action is what that plan calls for today, and a person decides.