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
5,700 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 Gary Iverson plainly that this part of the position is not fully priced yet.
Contracts
17
66k bu priced, 59% of expected production.
Revenue locked
$422,111
$7,350 of it over break-even.
Basis left open
5,700 bu
Board locked, cash price not yet settled.
Sold, not hauled
46k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 14, 2026 | Wheat new crop | Cash | 1,800 bu | $5.93 | -$0.24 | $5.69 | +$0.76 $1,368 | Jul 2027 Mankato Elevator Not hauled |
| May 13, 2026 | Corn new crop | Forward/HTA | 2,100 bu | $4.28 | -$0.26 | $4.02 | -$0.55 -$1,155 | Dec 2026 Mankato Elevator Not hauled |
| May 6, 2026 | Soybeans new crop | Forward/HTA | 3,900 bu | $10.90 | -$0.20 | $10.70 | +$0.59 $2,301 | Nov 2026 Mankato Elevator Not hauled |
| Apr 19, 2026 | Soybeans old crop | Forward/HTA | 1,400 bu | $10.57 | -$0.22 Open | $10.35 estimate | +$0.41 $574 | Aug 2026 Mankato Elevator Hauled |
| Apr 4, 2026 | Wheat old crop | Basis | 15k bu | $5.59 | -$0.19 | $5.40 | +$0.03 $453 | Aug 2026 Mankato Elevator Not hauled |
| Mar 16, 2026 | Soybeans new crop | Cash | 2,100 bu | $10.98 | -$0.19 | $10.79 | +$0.68 $1,428 | Nov 2026 Mankato Elevator Not hauled |
| Mar 15, 2026 | Wheat old crop | Forward/HTA | 4,400 bu | $5.49 | -$0.22 | $5.27 | -$0.10 -$440 | Aug 2026 Mankato Elevator Hauled |
| Mar 11, 2026 | Wheat new crop | Basis | 2,000 bu | $6.13 | -$0.19 | $5.94 | +$1.01 $2,020 | Jul 2027 Mankato Elevator Not hauled |
| Mar 1, 2026 | Corn new crop | Basis | 2,400 bu | $4.33 | -$0.32 | $4.01 | -$0.56 -$1,344 | Dec 2026 Mankato Elevator Not hauled |
| Feb 18, 2026 | Soybeans old crop | Cash | 700 bu | $10.88 | -$0.27 | $10.61 | +$0.67 $469 | Aug 2026 Mankato Elevator Not hauled |
| Jan 14, 2026 | Corn new crop | Cash | 5,000 bu | $4.31 | -$0.28 | $4.03 | -$0.54 -$2,700 | Dec 2026 Mankato Elevator Not hauled |
| Jan 7, 2026 | Wheat old crop | Cash | 7,700 bu | $5.42 | -$0.24 | $5.18 | -$0.19 -$1,463 | Aug 2026 Mankato Elevator Hauled |
| Dec 30, 2025 | Soybeans new crop | Cash | 2,200 bu | $10.47 | -$0.22 | $10.25 | +$0.14 $308 | Nov 2026 Mankato Elevator Not hauled |
| Dec 20, 2025 | Soybeans old crop | Cash | 1,800 bu | $10.80 | -$0.18 | $10.62 | +$0.68 $1,224 | Aug 2026 Mankato Elevator Hauled |
| Dec 18, 2025 | Wheat new crop | Forward/HTA | 2,800 bu | $6.21 | -$0.29 | $5.92 | +$0.99 $2,772 | Jul 2027 Mankato Elevator Not hauled |
| Nov 9, 2025 | Soybeans old crop | Forward/HTA | 4,300 bu | $11.31 | -$0.22 Open | $11.09 estimate | +$1.15 $4,945 | Aug 2026 Mankato Elevator Hauled |
| Nov 8, 2025 | Corn new crop | Cash | 6,200 bu | $4.37 | -$0.35 | $4.02 | -$0.55 -$3,410 | Dec 2026 Mankato Elevator 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 |
|---|---|---|---|
| Jul 3, 2026 | Soybeans | Agreed, not yet executed | Agreed to place a resting order at the next target |
| Feb 16, 2026 | Soybeans | Check in | Season check in, no recommendation |
| Oct 19, 2025 | Wheat | Priced | Booked a forward contract inside the insurance guarantee |
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.