Bluestem Family Farms
Marie Wendt · Smith County, KS · Bree Sandoval · client since 2024
856k bu at 87% priced
$3.3M under management
Call before pricingCosts are stated, not from their booksLast spoke in 29 days5 other findings(785) 555-9353
89k 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 Marie Wendt plainly that this part of the position is not fully priced yet.
Contracts
7
741k bu priced, 87% of expected production.
Revenue locked
$2,841,124
-$248,475 of it over break-even.
Basis left open
89k bu
Board locked, cash price not yet settled.
Sold, not hauled
392k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 23, 2026 | Corn new crop | Cash | 195k bu | $4.43 | -$0.51 | $3.92 | +$0.14 $27,244 | Dec 2026 Concordia Grain Not hauled |
| Jul 22, 2026 | Corn old crop | Cash | 122k bu | $4.46 | -$0.49 | $3.97 | -$0.64 -$77,760 | Oct 2026 Concordia Grain Hauled |
| Jun 2, 2026 | Corn new crop | Cash | 108k bu | $4.19 | -$0.43 | $3.76 | -$0.02 -$2,158 | Dec 2026 Concordia Grain Not hauled |
| May 30, 2026 | Corn old crop | Cash | 50k bu | $4.21 | -$0.48 | $3.73 | -$0.88 -$43,736 | Oct 2026 Concordia Grain Hauled |
| Apr 6, 2026 | Corn new crop | Forward/HTA | 89k bu | $4.27 | -$0.46 Open | $3.81 estimate | +$0.03 $2,673 | Dec 2026 Concordia Grain Not hauled |
| Mar 24, 2026 | Corn old crop | Basis | 91k bu | $4.26 | -$0.51 | $3.75 | -$0.86 -$78,002 | Oct 2026 Concordia Grain Hauled |
| Feb 7, 2026 | Corn old crop | Cash | 87k bu | $4.21 | -$0.48 | $3.73 | -$0.88 -$76,736 | Oct 2026 Concordia Grain 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 |
|---|---|---|---|
| Oct 18, 2026 | Corn | No answer | Left a message about an expiring order |
| Jul 26, 2026 | Corn | Declined | Recommended pricing the next tranche, client wants to wait |
| Jul 13, 2026 | Corn | Priced | Priced the next tranche at the elevator, board plus basis |
| Jun 18, 2026 | Corn | Priced | Fixed the basis on an open HTA |
| Jun 10, 2026 | Corn | Agreed, not yet executed | Agreed to move old crop once trucking frees up |
| Jun 2, 2026 | Corn | Priced | Filled the resting order and confirmed the contract |
| Apr 1, 2026 | Corn | Check in | Walked through the position and the ladder |
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.