Salt Fork Farms
Peg Hemmelgarn · Thayer County, NE · Katie Rennick · client since 2016
67k bu at 78% priced · 333 head at 97% sold
$715K under management
Self directedCosts are estimatesLast spoke in 1 day9 other findings(785) 555-9230
The figures below are computed from the desk's records and are the same figures the drafter is handed. The model writes the prose around them and does no arithmetic at all, because a wrong number in a recap is a misrepresentation to a family rather than a bug. If the drafter is unavailable the facts are still here, and the facts are the part that has to be right.
The position, as the family will read it
Expected production
67k bu
Priced
78%
52k bu · plan wants 80% by now
Revenue locked
$639,132
$125,553 over cost
Still unpriced
15k bu
Worth $75,840 at today's bids and markets, plus 10 head
| Crop | Priced | Average received | Cost of production | Made over cost |
|---|---|---|---|---|
| Wheat (new crop) | 11k bu | $5.37 | $5.02 | +$0.35 $3,797 |
| Wheat (old crop) | 13k bu | $4.77 | $5.05 | -$0.28 -$3,614 |
| Corn (new crop) | 28k bu | $3.88 | $4.44 | -$0.56 -$15,582 |
Livestock, in head and hundredweight
| Group | Head | Sold | Average received | Cost of gain | Made over cost | Floor |
|---|---|---|---|---|---|---|
| 2026 calf crop Cow / Calf | 333 | 323 | $234.17 | $153.73 | $80.44 | None |
Percent sold on livestock is BY HEAD, and it is never comparable to the grain percentage above. A floor is net of the premium paid, and it floors RMA's published index rather than what the animals bring at the barn.
The note to send
Nothing drafted yet. The drafter is handed the figures above and asked to explain them, and it is told not to calculate, forecast, or tell the family what to do.
The drafter is given computed figures and forbidden from doing arithmetic, deriving anything, or implying a market forecast. Nobody on this desk knows where the board is going, and a recap that hints otherwise is the one document that could make a family's loss the desk's fault.
A recap is not a recommendation to the family. The advisor recommends, the family decides, and the language is written that way on purpose.