Antelope Flats Acres
June Dietrich · Thayer County, NE · Katie Rennick · client since 2016
191k bu at 81% priced
$821.3K under management
Call before pricingCosts from their booksLast spoke in 48 days7 other findings(785) 555-5995
19k 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 June Dietrich plainly that this part of the position is not fully priced yet.
Contracts
4
155k bu priced, 81% of expected production.
Revenue locked
$671,490
$67,373 of it over break-even.
Basis left open
19k bu
Board locked, cash price not yet settled.
Sold, not hauled
155k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 21, 2026 | Corn new crop | Cash | 34k bu | $4.50 | -$0.14 | $4.36 | +$0.47 $15,792 | Dec 2026 Superior Crush Not hauled |
| May 28, 2026 | Corn new crop | Forward/HTA | 19k bu | $4.33 | -$0.17 Open | $4.16 estimate | +$0.27 $5,076 | Dec 2026 Superior Crush Not hauled |
| Mar 7, 2026 | Corn new crop | Basis | 22k bu | $4.30 | -$0.14 | $4.16 | +$0.27 $5,805 | Dec 2026 Superior Crush Not hauled |
| Jan 18, 2026 | Corn new crop | Basis | 81k bu | $4.53 | -$0.14 | $4.39 | +$0.50 $40,700 | Dec 2026 Superior Crush 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 |
|---|---|---|---|
| Oct 24, 2026 | Corn | Check in | Walked through the position and the ladder |
| Oct 13, 2026 | Corn | No answer | Left a message about the next tranche |
| Jul 27, 2026 | Corn | Declined | Recommended moving old crop, client is holding for a rally |
| Apr 4, 2026 | Corn | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
| Mar 24, 2026 | Corn | No answer | Left a message about the next tranche |
| Feb 24, 2026 | Corn | Check in | Updated break-evens from their books |
| Jan 27, 2026 | Corn | 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.