GrainStrategy

Prairie Wind Family Farms

Merle Eichhorn · Republic County, KS · Katie Rennick · client since 2020

333k bu at 65% priced · 97 head at 82% sold
$2.5M under management
Price to the planCosts are estimatesLast spoke in 27 days1 critical10 other findings(785) 555-1067
PositionPlanWorking OrdersSalesBreak-evensLivestockCoverageRecap
1,400 bu of Wheat is contracted past the insurance guarantee. No further new-crop sales on this crop. Check whether coverage can go up, and if it cannot, tell Merle Eichhorn what the exposure is in bushels. 10 more findings on this family.
Priced
65%
217k bu of 333k bu · pace 80%
Revenue locked
$1.6M
$104,839 of it over break-even
On the table
$70.1K
Margin over cost in 117k bu unpriced, at today's bids.
Reading
Needs a call
3 live crops across 3,923 acres.

Wheat new crop · Jul 2027

1,789 acres at 63 bu/acre · 113k bu expected

Needs a call
1,400 bu is forward contracted past the insurance guarantee

The Revenue Protection guarantee covers 90k bu. Everything above that carries production risk: a short crop has to be bought back, and a short crop and a rally arrive together. No further new-crop sales until the crop is closer to made or coverage goes up.

Break-even
$5.27
Estimated from county averages.
Cash bid today
$5.27
Board $5.90 with a -$0.63 basis.
Average sold
$5.41
+$0.14 over cost on 92k bu.
Bid over cost
+$0.00
$0 across the unpriced bushels.
Priced against pace81% of 80% target
Sold against insured
Sold 92k buInsured 90k bu, typed on the planExpected 113k bu

1,400 bu sold past the insured bushels.

21k bu unpricedStorage 20k bu, 17% of the crop92k bu sold, not hauled9,900 bu resting

Resting in the market

InstrumentBushelsTriggerAwayExpires
Cash
Smith Center Feeders
4,900 bu$6.13 board$0.23Jan 18, 2027
Cash
Smith Center Feeders
5,000 bu$5.59 cash$0.32Dec 23, 2026

Wheat old crop · Dec 2026

1,589 acres at 65 bu/acre · 103k bu expected

Hold
Cash bid $4.89 is under the $5.44 break-even

No forced sales. Storage covers 61% of the crop, so plan delivery or a basis contract for the rest and let the board come to you.

Break-even
$5.44
Stated by the client, Oct 25, 2026.
Cash bid today
$4.89
Board $5.52 with a -$0.63 basis.
Average sold
$4.78
-$0.66 over cost on 58k bu.
Bid over cost
-$0.55
The market is not paying this family's cost right now.
Priced against pace56% of 95% target
46k bu unpricedStorage 63k bu, 61% of the crop15k bu sold, not hauled19k bu resting

Resting in the market

InstrumentBushelsTriggerAwayExpires
Forward/HTA
Smith Center Feeders
9,800 bu$5.77 cash$0.88Nov 6, 2026
12 days
Forward/HTA
Smith Center Feeders
8,900 bu$5.77 cash$0.88Dec 20, 2026

Soybeans new crop · Nov 2026

2,134 acres at 55 bu/acre · 117k bu expected

Needs a call
Price the next 21%: the bid is $1.28/bu over break-even at 58% sold against a 80% pace

Locking this tranche at today's bid banks profit with no margin call risk. Insurance guarantees 94k bu, so 26k bu can be contracted without production risk.

25k bu at $10.42 banks $31,549 over break-even.

Break-even
$9.14
Stated by the client, Sep 25, 2026.
Cash bid today
$10.42
Board $10.86 with a -$0.44 basis.
Average sold
$10.68
+$1.54 over cost on 68k bu.
Bid over cost
+$1.28
$63,706 across the unpriced bushels.
Priced against pace58% of 80% target
Sold against insured
Sold 68k buInsured 94k bu, typed on the planExpected 117k bu

26k bu left inside the insured bushels.

50k bu unpricedStorage 42k bu, 36% of the crop68k bu sold, not hauled

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.