Sandhill Farms
Troy Ostrander · Republic County, KS · Katie Rennick · client since 2025
250k bu at 85% priced
$1M under management
Call before pricingCosts are estimatesLast spoke in 42 days4 other findings(785) 555-4898
75k 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 Troy Ostrander plainly that this part of the position is not fully priced yet.
Contracts
6
214k bu priced, 85% of expected production.
Revenue locked
$856,837
$63,188 of it over break-even.
Basis left open
75k bu
Board locked, cash price not yet settled.
Sold, not hauled
139k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Apr 15, 2026 | Milo new crop | Cash | 73k bu | $4.00 | $0.07 | $4.07 | +$0.12 $8,808 | Dec 2026 Atchison River Terminal Not hauled |
| Apr 8, 2026 | Milo old crop | Forward/HTA | 31k bu | $3.82 | $0.03 Open | $3.85 estimate | +$0.33 $10,230 | Aug 2026 Atchison River Terminal Hauled |
| Mar 20, 2026 | Milo new crop | Cash | 21k bu | $4.00 | $0.04 | $4.04 | +$0.09 $1,917 | Dec 2026 Atchison River Terminal Not hauled |
| Feb 24, 2026 | Milo old crop | Basis | 24k bu | $4.00 | $0.05 | $4.05 | +$0.53 $12,932 | Aug 2026 Atchison River Terminal Not hauled |
| Jan 20, 2026 | Milo old crop | Forward/HTA | 20k bu | $4.00 | $0.00 | $4.00 | +$0.48 $9,456 | Aug 2026 Atchison River Terminal Not hauled |
| Nov 24, 2025 | Milo old crop | Forward/HTA | 44k bu | $3.94 | $0.03 Open | $3.97 estimate | +$0.45 $19,845 | Aug 2026 Atchison River Terminal 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 3, 2026 | Milo | Priced | Booked a forward contract inside the insurance guarantee |
| Apr 23, 2026 | Milo | Priced | Filled the resting order and confirmed the contract |
| Feb 1, 2026 | Milo | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
| Dec 26, 2025 | Milo | No answer | Left a message about the next tranche |
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.