Sandhill Farms
Troy Ostrander · Republic County, KS · Katie Rennick · client since 2025
250k bu at 89% priced
$929.7K under management
Call before pricingCosts are estimatesLast spoke in 27 days6 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
224k bu priced, 89% of expected production.
Revenue locked
$831,683
-$1,861 of it over break-even.
Basis left open
75k bu
Board locked, cash price not yet settled.
Sold, not hauled
149k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 1, 2026 | Milo new crop | Cash | 81k bu | $3.90 | -$0.20 | $3.70 | -$0.25 -$20,300 | Dec 2026 Atchison River Terminal Not hauled |
| Jun 24, 2026 | Milo old crop | Forward/HTA | 31k bu | $3.86 | -$0.24 Open | $3.62 estimate | +$0.10 $3,100 | Oct 2026 Atchison River Terminal Hauled |
| Jun 5, 2026 | Milo new crop | Cash | 24k bu | $3.90 | -$0.23 | $3.67 | -$0.28 -$6,608 | Dec 2026 Atchison River Terminal Not hauled |
| May 12, 2026 | Milo old crop | Basis | 24k bu | $4.04 | -$0.22 | $3.82 | +$0.30 $7,320 | Oct 2026 Atchison River Terminal Not hauled |
| Apr 7, 2026 | Milo old crop | Forward/HTA | 20k bu | $4.04 | -$0.27 | $3.77 | +$0.25 $4,925 | Oct 2026 Atchison River Terminal Not hauled |
| Feb 9, 2026 | Milo old crop | Forward/HTA | 44k bu | $3.98 | -$0.24 Open | $3.74 estimate | +$0.22 $9,702 | Oct 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 |
|---|---|---|---|
| Aug 19, 2026 | Milo | Priced | Booked a forward contract inside the insurance guarantee |
| Jul 9, 2026 | Milo | Priced | Filled the resting order and confirmed the contract |
| Apr 19, 2026 | Milo | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
| Mar 13, 2026 | 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.