Buffalo Gap Farms
Beth Jansen · Jewell County, KS · Katie Rennick · client since 2021
629k bu at 67% priced · 3,739 head at 0% sold
$11.7M under management
Price to the planCosts are estimatesLast spoke in 22 days1 critical12 other findings(785) 555-3080
69k 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
424k bu priced, 67% of expected production.
Revenue locked
$1,568,808
-$108,374 of it over break-even.
Basis left open
69k bu
Board locked, cash price not yet settled.
Sold, not hauled
255k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jul 30, 2026 | Milo old crop | Forward/HTA | 39k bu | $3.86 | -$0.47 Open | $3.39 estimate | -$0.09 -$3,528 | Oct 2026 Concordia Grain Hauled |
| Jul 21, 2026 | Corn old crop | Basis | 83k bu | $4.17 | -$0.43 | $3.74 | -$0.74 -$61,716 | Oct 2026 Concordia Grain Hauled |
| Jun 23, 2026 | Milo new crop | Cash | 19k bu | $3.92 | -$0.47 | $3.45 | -$0.53 -$10,123 | Dec 2026 Concordia Grain Not hauled |
| Jun 18, 2026 | Corn new crop | Forward/HTA | 49k bu | $4.52 | -$0.46 | $4.06 | +$0.27 $13,095 | Dec 2026 Concordia Grain Not hauled |
| May 26, 2026 | Milo new crop | Forward/HTA | 17k bu | $4.00 | -$0.47 Open | $3.53 estimate | -$0.45 -$7,740 | Dec 2026 Concordia Grain Not hauled |
| May 21, 2026 | Corn old crop | Basis | 47k bu | $4.17 | -$0.44 | $3.73 | -$0.75 -$35,400 | Oct 2026 Concordia Grain Not hauled |
| May 10, 2026 | Corn new crop | Cash | 55k bu | $4.19 | -$0.48 | $3.71 | -$0.08 -$4,408 | Dec 2026 Concordia Grain Not hauled |
| Apr 28, 2026 | Milo old crop | Forward/HTA | 13k bu | $4.13 | -$0.47 Open | $3.66 estimate | +$0.18 $2,268 | Oct 2026 Concordia Grain Not hauled |
| Apr 13, 2026 | Corn new crop | Forward/HTA | 30k bu | $4.31 | -$0.41 | $3.90 | +$0.11 $3,278 | Dec 2026 Concordia Grain Not hauled |
| Mar 26, 2026 | Milo old crop | Forward/HTA | 46k bu | $4.13 | -$0.49 | $3.64 | +$0.16 $7,296 | Oct 2026 Concordia Grain Hauled |
| Mar 26, 2026 | Milo new crop | Forward/HTA | 26k bu | $4.02 | -$0.48 | $3.54 | -$0.44 -$11,396 | 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 |
|---|---|---|---|
| Jul 5, 2026 | Milo | Declined | Recommended fixing basis, client wants to see spring |
| Jun 26, 2026 | Corn | Check in | Season check in, no recommendation |
| Feb 22, 2026 | Milo | Agreed, not yet executed | Agreed to place a resting order at the next target |
| Feb 6, 2026 | 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.