Iron Mound Farms LLC
Peg Stoll · Nuckolls County, NE · Owen Speck · client since 2020
111k bu at 72% priced · 436 head at 96% sold
$961.4K under management
Call before pricingCosts are estimatesLast spoke in 36 days13 other findings(785) 555-8244
4,600 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 Peg Stoll plainly that this part of the position is not fully priced yet.
Contracts
10
80k bu priced, 72% of expected production.
Revenue locked
$818,106
$111,613 of it over break-even.
Basis left open
4,600 bu
Board locked, cash price not yet settled.
Sold, not hauled
80k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 20, 2026 | Milo new crop | Cash | 12k bu | $3.82 | -$0.27 | $3.55 | -$0.71 -$8,662 | Dec 2026 Superior Crush Not hauled |
| Jul 4, 2026 | Corn new crop | Cash | 4,900 bu | $4.37 | -$0.15 | $4.22 | -$0.17 -$833 | Dec 2026 Superior Crush Not hauled |
| Jun 23, 2026 | Wheat new crop | Cash | 2,700 bu | $6.13 | -$0.59 | $5.54 | +$0.27 $729 | Jul 2027 Superior Crush Not hauled |
| May 18, 2026 | Wheat new crop | Forward/HTA | 1,600 bu | $5.78 | -$0.54 | $5.24 | -$0.03 -$48 | Jul 2027 Superior Crush Not hauled |
| May 2, 2026 | Corn new crop | Cash | 2,300 bu | $4.17 | -$0.20 | $3.97 | -$0.42 -$966 | Dec 2026 Superior Crush Not hauled |
| Apr 27, 2026 | Milo new crop | Forward/HTA | 4,000 bu | $3.93 | -$0.24 | $3.69 | -$0.57 -$2,280 | Dec 2026 Superior Crush Not hauled |
| Mar 27, 2026 | Milo new crop | Forward/HTA | 4,600 bu | $3.89 | -$0.28 Open | $3.61 estimate | -$0.65 -$2,990 | Dec 2026 Superior Crush Not hauled |
| Mar 7, 2026 | Corn new crop | Cash | 8,600 bu | $4.35 | -$0.20 | $4.15 | -$0.24 -$2,064 | Dec 2026 Superior Crush Not hauled |
| Jan 30, 2026 | Corn new crop | Cash | 16k bu | $4.32 | -$0.19 | $4.13 | -$0.26 -$4,030 | Dec 2026 Superior Crush Not hauled |
| Jan 16, 2026 | Milo new crop | Cash | 24k bu | $3.83 | -$0.32 | $3.51 | -$0.75 -$17,850 | Dec 2026 Superior Crush 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 |
|---|---|---|---|
| Sep 28, 2026 | Wheat | No answer | Left a message about the next tranche |
| May 29, 2026 | Milo | Agreed, not yet executed | Agreed to move old crop once trucking frees up |
| May 7, 2026 | Milo | Check in | Walked through the position and the ladder |
| Mar 13, 2026 | Wheat | Priced | Fixed the basis on an open HTA |
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.