Sage Flat Family Farms
Neil Novak · Smith County, KS · Katie Rennick · client since 2020
111k bu at 75% priced
$657.9K under management
Call before pricingCosts are estimatesLast spoke in 3 months2 other findings(785) 555-7500
Every rung on every ladder clears this family's cost of production plus the desk's $0.10 cushion, and nothing has passed its sell-by date. The plan is doing its job.
Wheat new crop · Jul 2027
Break-even $5.42 · cash bid $5.76 · 75% priced against a 72% pace
Ladder covers 79% of the cropGuarantee 83k bu
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $5.71 | +$0.29 | 15% 17k bu | Filled | May 9, 2026 4 months ago Window Feb-May | Hit |
| 2 | $6.00 | +$0.58 | 20% 22k bu | Filled | Jul 9, 2026 46 days ago Window Feb-May | Hit |
| 3 | $6.32 | +$0.90 | 19% 21k bu | Filled | Sep 9, 2026 in 16 days Window Feb-May | Hit |
| 4 | $6.64 | +$1.22 | 25% 28k bu | $0.88 | Nov 9, 2026 in 3 months Window Feb-May | Working |
Rungs are sorted by price rather than by the order they were entered, because a scale-up ladder only reads as a ladder in price order. Distance is measured from the cash bid, which is the board plus the local basis, not from the board alone.
A rung that filled before its date is done rather than overdue. The desk's cushion over break-even is $0.10, because a break-even is itself an estimate and pricing exactly at one is pricing at the midpoint of an error bar. On this crop that means a rung has to clear $5.52 to count as clearing cost.