Wild Rose Farms LLC
Dorene Carver · Thayer County, NE · Wes Tolliver · client since 2017
101k bu at 64% priced
$643K under management
Self directedCosts are stated, not from their booksLast spoke in 3 months5 other findings(785) 555-2070
The figures below are computed from the desk's records and are the same figures the drafter is handed. The model writes the prose around them and does no arithmetic at all, because a wrong number in a recap is a misrepresentation to a family rather than a bug. If the drafter is unavailable the facts are still here, and the facts are the part that has to be right.
The position, as the family will read it
Expected production
101k bu
Priced
64%
65k bu · plan wants 72% by now
Revenue locked
$372,663
$8,945 over cost
Still unpriced
36k bu
Worth $270,334 at today's bids and markets
| Crop | Priced | Average received | Cost of production | Made over cost |
|---|---|---|---|---|
| Corn (new crop) | 52k bu | $4.53 | $4.42 | +$0.11 $5,776 |
| Soybeans (new crop) | 13k bu | $10.77 | $10.52 | +$0.25 $3,169 |
The note to send
Nothing drafted yet. The drafter is handed the figures above and asked to explain them, and it is told not to calculate, forecast, or tell the family what to do.
The drafter is given computed figures and forbidden from doing arithmetic, deriving anything, or implying a market forecast. Nobody on this desk knows where the board is going, and a recap that hints otherwise is the one document that could make a family's loss the desk's fault.
A recap is not a recommendation to the family. The advisor recommends, the family decides, and the language is written that way on purpose.