Coyote Ridge Farms LLC
Alma Rasmussen · Republic County, KS · Danae Kruse · client since 2026
25k bu at 78% priced · 362 head at 95% sold
$618.3K under management
Call before pricingCosts are estimatesLast spoke in 37 days2 other findings(785) 555-8424
1,600 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 Alma Rasmussen plainly that this part of the position is not fully priced yet.
Contracts
4
19k bu priced, 78% of expected production.
Revenue locked
$563,001
$162,791 of it over break-even.
Basis left open
1,600 bu
Board locked, cash price not yet settled.
Sold, not hauled
19k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jun 23, 2026 | Wheat new crop | Cash | 6,200 bu | $6.05 | -$0.38 | $5.67 | +$0.29 $1,798 | Jul 2027 Clay Center Ethanol Not hauled |
| May 22, 2026 | Wheat new crop | Forward/HTA | 1,600 bu | $5.83 | -$0.36 Open | $5.47 estimate | +$0.09 $144 | Jul 2027 Clay Center Ethanol Not hauled |
| Mar 23, 2026 | Wheat new crop | Forward/HTA | 2,300 bu | $5.86 | -$0.34 | $5.52 | +$0.14 $322 | Jul 2027 Clay Center Ethanol Not hauled |
| Jan 29, 2026 | Wheat new crop | Cash | 9,300 bu | $6.00 | -$0.40 | $5.60 | +$0.22 $2,046 | Jul 2027 Clay Center Ethanol 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 |
|---|---|---|---|
| Jun 28, 2026 | Wheat | Priced | Booked a forward contract inside the insurance guarantee |
| Jun 18, 2026 | Wheat | Check in | Updated break-evens from their books |
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.