Stonebridge Acres

Beth Albrecht · Clay County, KS · Owen Speck · client since 2020

266k bu at 69% priced

$1.7M under management

Price to the planCosts from their booksLast spoke in 45 days2 other findings(785) 555-4545

Position Plan Working Orders Sales Break-evens Livestock Recap

Every rung on every ladder clears this family's cost of production plus the desk's $0.10 cushion, and nothing has passed its sell-by date. The plan is doing its job.

Wheat new crop · Jul 2027

Break-even $5.97 · cash bid $5.75 · 71% priced against a 72% pace

Ladder covers 78% of the cropGuarantee 67k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$6.25	+$0.28	15% 13k bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$6.55	+$0.58	18% 15k bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$6.93	+$0.96	25% 21k bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit
4	$7.20	+$1.23	20% 17k bu	$1.45	Nov 9, 2026 in 3 months Window Feb-May	Working

Wheat old crop · Sep 2026

Break-even $5.98 · cash bid $5.20 · 73% priced against a 95% pace

Ladder covers 53% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$6.25	+$0.27	15% 9,190 bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$6.60	+$0.62	17% 10k bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$6.90	+$0.92	21% 13k bu	Filled	Dec 9, 2026 in 4 months Window Feb-May	Hit

Milo new crop · Dec 2026

Break-even $4.28 · cash bid $3.86 · 74% priced against a 72% pace

Ladder covers 69% of the cropGuarantee 51k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.53	+$0.25	15% 9,467 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$4.76	+$0.48	17% 11k bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$4.93	+$0.65	16% 10k bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit
4	$5.23	+$0.95	21% 13k bu	Filled	Nov 9, 2026 in 3 months Window Feb-May	Hit

Soybeans new crop · Nov 2026

Break-even $10.75 · cash bid $10.78 · 55% priced against a 72% pace

Ladder covers 48% of the cropGuarantee 43k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$11.30	+$0.55	15% 8,634 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$11.85	+$1.10	17% 9,785 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$12.37	+$1.62	16% 9,209 bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit

Rungs are sorted by price rather than by the order they were entered, because a scale-up ladder only reads as a ladder in price order. Distance is measured from the cash bid, which is the board plus the local basis, not from the board alone.

A rung that filled before its date is done rather than overdue. The desk's cushion over break-even is $0.10, because a break-even is itself an estimate and pricing exactly at one is pricing at the midpoint of an error bar. On this crop that means a rung has to clear $6.07 to count as clearing cost.