Buffalo Gap Farms
Beth Jansen · Jewell County, KS · Katie Rennick · client since 2021
629k bu at 63% priced · 3,739 head at 0% sold
$12M under management
Price to the planCosts are estimatesLast spoke in 37 days1 critical7 other findings(785) 555-3080
66k 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 Beth Jansen plainly that this part of the position is not fully priced yet.
Contracts
11
398k bu priced, 63% of expected production.
Revenue locked
$1,583,336
$4,585 of it over break-even.
Basis left open
66k bu
Board locked, cash price not yet settled.
Sold, not hauled
230k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 14, 2026 | Milo old crop | Forward/HTA | 39k bu | $3.82 | -$0.19 Open | $3.63 estimate | +$0.15 $5,880 | Aug 2026 Concordia Grain Hauled |
| May 5, 2026 | Corn old crop | Basis | 83k bu | $4.13 | -$0.20 | $3.93 | -$0.55 -$45,870 | Aug 2026 Concordia Grain Hauled |
| Apr 7, 2026 | Milo new crop | Cash | 16k bu | $4.02 | -$0.19 | $3.83 | -$0.15 -$2,430 | Dec 2026 Concordia Grain Not hauled |
| Apr 2, 2026 | Corn new crop | Forward/HTA | 43k bu | $4.65 | -$0.23 | $4.42 | +$0.63 $26,838 | Dec 2026 Concordia Grain Not hauled |
| Mar 10, 2026 | Milo new crop | Forward/HTA | 15k bu | $4.10 | -$0.19 Open | $3.91 estimate | -$0.07 -$1,022 | Dec 2026 Concordia Grain Not hauled |
| Mar 5, 2026 | Corn old crop | Basis | 47k bu | $4.13 | -$0.21 | $3.92 | -$0.56 -$26,432 | Aug 2026 Concordia Grain Not hauled |
| Feb 22, 2026 | Corn new crop | Cash | 49k bu | $4.31 | -$0.25 | $4.06 | +$0.27 $13,095 | Dec 2026 Concordia Grain Not hauled |
| Feb 10, 2026 | Milo old crop | Forward/HTA | 13k bu | $4.09 | -$0.19 Open | $3.90 estimate | +$0.42 $5,292 | Aug 2026 Concordia Grain Not hauled |
| Jan 26, 2026 | Corn new crop | Forward/HTA | 26k bu | $4.44 | -$0.18 | $4.26 | +$0.47 $12,314 | Dec 2026 Concordia Grain Not hauled |
| Jan 8, 2026 | Milo old crop | Forward/HTA | 46k bu | $4.09 | -$0.21 | $3.88 | +$0.40 $18,240 | Aug 2026 Concordia Grain Hauled |
| Jan 8, 2026 | Milo new crop | Forward/HTA | 22k bu | $4.12 | -$0.20 | $3.92 | -$0.06 -$1,320 | Dec 2026 Concordia Grain 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 |
|---|---|---|---|
| Apr 19, 2026 | Milo | Declined | Recommended fixing basis, client wants to see spring |
| Apr 10, 2026 | Corn | Check in | Season check in, no recommendation |
| Dec 7, 2025 | Milo | Agreed, not yet executed | Agreed to place a resting order at the next target |
| Nov 21, 2025 | Milo | Check in | Season check in, no recommendation |
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.