Silver Sage Land & Cattle
Lori Novak · Thayer County, NE · Owen Speck · client since 2016
161k bu at 71% priced
$1.7M under management
Call before pricingCosts are stated, not from their booksLast spoke in 3 months2 other findings(785) 555-2365
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.
Soybeans new crop · Nov 2026
Break-even $9.07 · cash bid $10.67 · 71% priced against a 72% pace
Ladder covers 54% of the cropGuarantee 120k bu
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $9.46 | +$0.39 | 15% 24k bu | Filled | May 9, 2026 4 months ago Window Feb-May | Hit |
| 2 | $9.96 | +$0.89 | 21% 34k bu | Filled | Jul 9, 2026 46 days ago Window Feb-May | Hit |
| 3 | $10.47 | +$1.40 | 18% 29k bu | Filled | Sep 9, 2026 in 16 days Window Feb-May | Hit |
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 $9.17 to count as clearing cost.