GrainStrategy

Old Cedar Farms

Alma Pruitt · Webster County, NE · Wes Tolliver · client since 2022

120k bu at 80% priced · 286 head at 66% sold
$1.1M under management
Self directedCosts from their booksLast spoke in 43 days3 other findings(785) 555-9168
Every break-even on this account came out of Alma Pruitt's own books and is current. That is the strongest footing a marketing plan can have: the cost side is measured rather than remembered, so the margins on the other tabs mean what they say.
From their books
100%
The rest were stated on a call or estimated from county averages.
Oldest
Current
The desk treats anything past 6 months as not trusted.
Desk cushion
$0.10
A break-even is an estimate, so pricing exactly at one is pricing at the midpoint of an error bar.
On Farmer Metrics
Yes
Costs arrive from their own books and update when they do.

Cost of production, by crop

CropBreak-evenSourceAs ofExpectedCost of the cropCash bid over costTrusted
Wheat
new crop · 1,254 acres at 49 bu
$5.96Their booksAug 9, 202661k bu$366,218
$292/acre
-$0.17
bid $5.79
Yes
Wheat
old crop · 1,079 acres at 54 bu
$5.29Their booksAug 9, 202658k bu$308,227
$286/acre
-$0.05
bid $5.24
Yes

The desk treats a break-even older than 6 months as not trusted, because six months spans a planting-to-harvest change in fertilizer, fuel and cash rent. A February break-even used to justify an August sale is a different farm's numbers.

Cost per acre is the cost of the crop divided by planted acres, so it moves with yield as well as with cost. A good year lowers the cost per bushel without a single input getting cheaper, which is the part clients find hardest to believe and the reason the plan is written in dollars per bushel.