Limestone Farms
Kirby Boone · Webster County, NE · Katie Rennick · client since 2021
97k bu at 69% priced · 192 head at 69% sold
$630.7K under management
Call before pricingCosts are stated, not from their booksLast spoke in 30 days3 other findings(785) 555-7209
9,300 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 Kirby Boone plainly that this part of the position is not fully priced yet.
Contracts
11
66k bu priced, 69% of expected production.
Revenue locked
$432,109
$46,394 of it over break-even.
Basis left open
9,300 bu
Board locked, cash price not yet settled.
Sold, not hauled
47k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Apr 17, 2026 | Corn new crop | Cash | 5,800 bu | $4.49 | -$0.20 | $4.29 | -$0.24 -$1,392 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Apr 16, 2026 | Milo new crop | Forward/HTA | 9,300 bu | $4.16 | -$0.20 Open | $3.96 estimate | -$0.07 -$651 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Apr 8, 2026 | Corn old crop | Forward/HTA | 4,500 bu | $4.21 | -$0.25 | $3.96 | -$0.38 -$1,710 | Aug 2026 Hebron Farmers Co-op Hauled |
| Mar 18, 2026 | Corn new crop | Cash | 1,800 bu | $4.48 | -$0.25 | $4.23 | -$0.30 -$540 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Mar 16, 2026 | Milo new crop | Forward/HTA | 8,000 bu | $3.96 | -$0.23 | $3.73 | -$0.30 -$2,400 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Feb 22, 2026 | Corn old crop | Forward/HTA | 2,700 bu | $4.37 | -$0.26 | $4.11 | -$0.23 -$621 | Aug 2026 Hebron Farmers Co-op Hauled |
| Jan 24, 2026 | Milo new crop | Cash | 8,600 bu | $3.90 | -$0.24 | $3.66 | -$0.37 -$3,182 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Jan 10, 2026 | Corn old crop | Forward/HTA | 2,400 bu | $4.39 | -$0.20 | $4.19 | -$0.15 -$360 | Aug 2026 Hebron Farmers Co-op Hauled |
| Dec 25, 2025 | Corn new crop | Forward/HTA | 4,500 bu | $4.48 | -$0.22 | $4.26 | -$0.27 -$1,215 | Dec 2026 Hebron Farmers Co-op Not hauled |
| Nov 23, 2025 | Corn old crop | Cash | 9,500 bu | $4.31 | -$0.24 | $4.07 | -$0.27 -$2,565 | Aug 2026 Hebron Farmers Co-op Hauled |
| Nov 10, 2025 | Corn new crop | Cash | 9,200 bu | $4.36 | -$0.22 | $4.14 | -$0.39 -$3,588 | Dec 2026 Hebron Farmers Co-op 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 28, 2026 | Milo | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
| May 13, 2026 | Corn | Check in | Walked through the position and the ladder |
| Apr 6, 2026 | Milo | No answer | Left a message about an expiring order |
| Mar 31, 2026 | Corn | Priced | Booked a forward contract inside the insurance guarantee |
| Feb 23, 2026 | Corn | Declined | Recommended moving old crop, client is holding for a rally |
| Feb 1, 2026 | Corn | Priced | Priced the next tranche at the elevator, board plus basis |
| Jan 9, 2026 | Corn | Check in | Updated break-evens from their books |
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.