Dry Creek Farms
Gary Voss · Washington County, KS · Danae Kruse · client since 2023
966k bu at 67% priced
$6.7M under management
Price to the planCosts from their booksLast spoke in 24 days1 critical5 other findings(785) 555-7262
105k 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 Gary Voss plainly that this part of the position is not fully priced yet.
Contracts
11
647k bu priced, 67% of expected production.
Revenue locked
$4,992,308
$119 of it over break-even.
Basis left open
105k bu
Board locked, cash price not yet settled.
Sold, not hauled
373k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| May 8, 2026 | Milo old crop | Cash | 53k bu | $3.78 | -$0.24 | $3.54 | -$0.59 -$31,034 | Aug 2026 Clay Center Ethanol Hauled |
| May 3, 2026 | Soybeans old crop | Cash | 71k bu | $10.91 | -$0.01 | $10.90 | +$0.35 $24,745 | Aug 2026 Clay Center Ethanol Hauled |
| Apr 29, 2026 | Milo new crop | Cash | 49k bu | $3.97 | -$0.18 | $3.79 | -$0.04 -$1,960 | Dec 2026 Clay Center Ethanol Not hauled |
| Apr 21, 2026 | Soybeans new crop | Forward/HTA | 83k bu | $11.14 | -$0.04 Open | $11.10 estimate | +$0.24 $19,848 | Nov 2026 Clay Center Ethanol Not hauled |
| Mar 16, 2026 | Soybeans new crop | Cash | 80k bu | $11.24 | $0.01 | $11.25 | +$0.39 $31,317 | Nov 2026 Clay Center Ethanol Not hauled |
| Mar 9, 2026 | Milo old crop | Cash | 54k bu | $3.92 | -$0.19 | $3.73 | -$0.40 -$21,760 | Aug 2026 Clay Center Ethanol Hauled |
| Feb 24, 2026 | Milo new crop | Cash | 15k bu | $3.94 | -$0.17 | $3.77 | -$0.06 -$894 | Dec 2026 Clay Center Ethanol Not hauled |
| Feb 10, 2026 | Soybeans old crop | Basis | 49k bu | $11.08 | -$0.08 | $11.00 | +$0.45 $21,915 | Aug 2026 Clay Center Ethanol Not hauled |
| Jan 23, 2026 | Milo new crop | Forward/HTA | 22k bu | $3.95 | -$0.20 Open | $3.75 estimate | -$0.08 -$1,776 | Dec 2026 Clay Center Ethanol Not hauled |
| Jan 11, 2026 | Soybeans old crop | Cash | 75k bu | $10.62 | -$0.03 | $10.59 | +$0.04 $3,008 | Aug 2026 Clay Center Ethanol Not hauled |
| Dec 12, 2025 | Milo old crop | Forward/HTA | 96k bu | $3.90 | -$0.22 | $3.68 | -$0.45 -$43,290 | Aug 2026 Clay Center Ethanol 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 |
|---|---|---|---|
| May 29, 2026 | Soybeans | Priced | Filled the resting order and confirmed the contract |
| May 1, 2026 | Soybeans | Priced | Priced the next tranche at the elevator, board plus basis |
| Apr 6, 2026 | Milo | Declined | Recommended fixing basis, client wants to see spring |
| Jan 19, 2026 | Soybeans | Declined | Recommended pricing the next tranche, client wants to wait |
| Oct 20, 2025 | Milo | Declined | Recommended pricing the next tranche, client wants to wait |
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.