Iron Mound Farms LLC
Peg Stoll · Nuckolls County, NE · Owen Speck · client since 2020
111k bu at 69% priced · 436 head at 66% sold
$1M under management
Call before pricingCosts are estimatesLast spoke in 51 days7 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
77k bu priced, 69% of expected production.
Revenue locked
$696,175
$117,042 of it over break-even.
Basis left open
4,600 bu
Board locked, cash price not yet settled.
Sold, not hauled
77k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 4, 2026 | Milo new crop | Cash | 12k bu | $3.92 | $0.00 | $3.92 | -$0.34 -$4,148 | Dec 2026 Superior Crush Not hauled |
| Apr 18, 2026 | Corn new crop | Cash | 4,400 bu | $4.50 | $0.08 | $4.58 | +$0.19 $836 | Dec 2026 Superior Crush Not hauled |
| Apr 7, 2026 | Wheat new crop | Cash | 2,300 bu | $6.24 | -$0.25 | $5.99 | +$0.72 $1,656 | Jul 2027 Superior Crush Not hauled |
| Mar 2, 2026 | Wheat new crop | Forward/HTA | 1,400 bu | $5.89 | -$0.20 | $5.69 | +$0.42 $588 | Jul 2027 Superior Crush Not hauled |
| Feb 14, 2026 | Corn new crop | Cash | 2,100 bu | $4.29 | $0.03 | $4.32 | -$0.07 -$147 | Dec 2026 Superior Crush Not hauled |
| Feb 9, 2026 | Milo new crop | Forward/HTA | 4,000 bu | $4.02 | $0.03 | $4.05 | -$0.21 -$840 | Dec 2026 Superior Crush Not hauled |
| Jan 9, 2026 | Milo new crop | Forward/HTA | 4,600 bu | $3.99 | -$0.01 Open | $3.98 estimate | -$0.28 -$1,288 | Dec 2026 Superior Crush Not hauled |
| Dec 20, 2025 | Corn new crop | Cash | 7,700 bu | $4.48 | $0.03 | $4.51 | +$0.12 $924 | Dec 2026 Superior Crush Not hauled |
| Nov 14, 2025 | Corn new crop | Cash | 14k bu | $4.45 | $0.04 | $4.49 | +$0.10 $1,400 | Dec 2026 Superior Crush Not hauled |
| Oct 31, 2025 | Milo new crop | Cash | 24k bu | $3.92 | -$0.05 | $3.87 | -$0.39 -$9,282 | 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 |
|---|---|---|---|
| Jul 13, 2026 | Wheat | No answer | Left a message about the next tranche |
| Mar 13, 2026 | Milo | Agreed, not yet executed | Agreed to move old crop once trucking frees up |
| Feb 19, 2026 | Milo | Check in | Walked through the position and the ladder |
| Dec 26, 2025 | 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.