GrainStrategy

High Plains Ag

Gary Iverson · Jewell County, KS · Katie Rennick · client since 2016

111k bu at 59% priced
$688K under management
Price to the planCosts are estimatesLast spoke in 43 days1 critical8 other findings(785) 555-6816
Wheat time stop passed 46 days ago on a 19% tranche. Price 6,552 bu at $5.77, which is $5,504 over cost, or agree a new date with Gary Iverson and write it down. 8 more findings on this family.
Priced
59%
66k bu of 111k bu · pace 72%
Revenue locked
$422.1K
$7,350 of it over break-even
On the table
$26K
Margin over cost in 46k bu unpriced, at today's bids.
Reading
Needs a call
5 live crops across 1,098 acres.

Wheat new crop · Jul 2027

627 acres at 55 bu/acre · 34k bu expected

Needs a call
Time stop passed: the 19% tranche was due 2026-07-09

The plan prices this tranche on the calendar rather than the market, so unpriced grain does not ride into delivery. Today's cash bid is $5.77 against a $4.93 break-even.

6,552 bu at $5.77 banks $5,504 over break-even.

Break-even
$4.93
Estimated from county averages.
Cash bid today
$5.77
Board $6.01 with a -$0.24 basis.
Average sold
$5.86
+$0.93 over cost on 6,600 bu.
Bid over cost
+$0.84
$23,423 across the unpriced bushels.
Priced against pace19% of 72% target
28k bu unpricedStorage 12k bu, 36% of the crop6,600 bu sold, not hauled5,600 bu resting21k bu safe to contract

Resting in the market

InstrumentBushelsTriggerAwayExpires
Forward/HTA
Mankato Elevator
5,600 bu$6.36 board$0.35Oct 16, 2026

Wheat old crop · Sep 2026

615 acres at 48 bu/acre · 30k bu expected

Hold
Cash bid $5.22 is under the $5.37 break-even

No forced sales. Storage covers 34% of the crop, so plan delivery or a basis contract for the rest and let the board come to you.

Break-even
$5.37
Estimated from county averages.
Cash bid today
$5.22
Board $5.46 with a -$0.24 basis.
Average sold
$5.32
-$0.05 over cost on 27k bu.
Bid over cost
-$0.15
The market is not paying this family's cost right now.
Priced against pace92% of 95% target
2,320 bu unpricedStorage 10k bu, 34% of the crop15k bu sold, not hauled1,100 bu resting

Resting in the market

InstrumentBushelsTriggerAwayExpires
Cash
Mankato Elevator
400 bu$5.69 cash$0.47Oct 11, 2026
Forward/HTA
Mankato Elevator
700 bu$5.69 cash$0.47Aug 20, 2026
-4 days

Soybeans new crop · Nov 2026

256 acres at 47 bu/acre · 12k bu expected

On plan
On plan: 68% sold at $10.60 average, $0.49/bu over break-even

Cash bid $10.66 still clears break-even. Let the working orders rest and revisit at the next rung.

Break-even
$10.11
Estimated from county averages.
Cash bid today
$10.66
Board $10.88 with a -$0.22 basis.
Average sold
$10.60
+$0.49 over cost on 8,200 bu.
Bid over cost
+$0.55
$2,108 across the unpriced bushels.
Priced against pace68% of 72% target
3,832 bu unpricedStorage 6,000 bu, 50% of the crop8,200 bu sold, not hauled1,200 bu resting200 bu safe to contract

Resting in the market

InstrumentBushelsTriggerAwayExpires
Forward/HTA
Mankato Elevator
500 bu$11.15 board$0.27Good til canceled
Forward/HTA
Mankato Elevator
700 bu$10.93 cash$0.27Sep 22, 2026

Soybeans old crop · Aug 2026

223 acres at 40 bu/acre · 8,920 bu expected

On plan
On plan: 92% sold at $10.82 average, $0.88/bu over break-even

Cash bid $10.62 still clears break-even. Let the working orders rest and revisit at the next rung.

Break-even
$9.94
Estimated from county averages.
Cash bid today
$10.62
Board $10.84 with a -$0.22 basis.
Average sold
$10.82
+$0.88 over cost on 8,200 bu.
Bid over cost
+$0.68
$490 across the unpriced bushels.
Priced against pace92% of 95% target
720 bu unpricedStorage 3,600 bu, 40% of the crop5,700 bu basis open700 bu sold, not hauled200 bu resting

Resting in the market

InstrumentBushelsTriggerAwayExpires
Forward/HTA
Mankato Elevator
200 bu$10.99 board$0.15Sep 11, 2026

Corn new crop · Dec 2026

215 acres at 123 bu/acre · 26k bu expected

Hold
Cash bid $4.13 is under the $4.57 break-even

No forced sales. Storage covers 75% of the crop, so plan delivery or a basis contract for the rest and let the board come to you.

Break-even
$4.57
Stated by the client, Mar 9, 2026.
Cash bid today
$4.13
Board $4.44 with a -$0.31 basis.
Average sold
$4.02
-$0.55 over cost on 16k bu.
Bid over cost
-$0.44
The market is not paying this family's cost right now.
Priced against pace59% of 72% target
11k bu unpricedStorage 20k bu, 75% of the crop16k bu sold, not hauled5,500 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.