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
6,600 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 Alma Pruitt plainly that this part of the position is not fully priced yet.
Contracts
8
96k bu priced, 80% of expected production.
Revenue locked
$795,606
$114,309 of it over break-even.
Basis left open
6,600 bu
Board locked, cash price not yet settled.
Sold, not hauled
57k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 1, 2026 | Wheat old crop | Basis | 18k bu | $5.31 | -$0.19 | $5.12 | -$0.17 -$3,111 | Aug 2026 Superior Crush Hauled |
| Apr 17, 2026 | Wheat new crop | Cash | 14k bu | $6.03 | -$0.18 | $5.85 | -$0.11 -$1,573 | Jul 2027 Superior Crush Not hauled |
| Mar 12, 2026 | Wheat new crop | Cash | 8,400 bu | $6.15 | -$0.18 | $5.97 | +$0.01 $84 | Jul 2027 Superior Crush Not hauled |
| Feb 21, 2026 | Wheat old crop | Basis | 9,400 bu | $5.33 | -$0.27 | $5.06 | -$0.23 -$2,162 | Aug 2026 Superior Crush Hauled |
| Jan 17, 2026 | Wheat new crop | Forward/HTA | 6,600 bu | $6.18 | -$0.22 Open | $5.96 estimate | +$0.00 $0 | Jul 2027 Superior Crush Not hauled |
| Dec 24, 2025 | Wheat old crop | Cash | 11k bu | $5.64 | -$0.24 | $5.40 | +$0.11 $1,188 | Aug 2026 Superior Crush Hauled |
| Dec 2, 2025 | Wheat old crop | Cash | 15k bu | $5.43 | -$0.21 | $5.22 | -$0.07 -$1,036 | Aug 2026 Superior Crush Not hauled |
| Oct 27, 2025 | Wheat new crop | Forward/HTA | 13k bu | $6.15 | -$0.23 | $5.92 | -$0.04 -$520 | Jul 2027 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 | Check in | Walked through the position and the ladder |
| Apr 25, 2026 | Wheat | 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.