Shortgrass Acres
Sara Wendt · Republic County, KS · Owen Speck · client since 2025
43k bu at 82% priced
$227.2K under management
Call before pricingCosts are stated, not from their booksLast spoke in 3 months1 other findings(785) 555-6114
Sara Wendt has declined a recommendation 1 time on this account. That is a client's right on their own grain, and the dated record of it below is what protects both sides of the conversation later.
Contracts
3
35k bu priced, 82% of expected production.
Revenue locked
$187,831
$3,556 of it over break-even.
Basis left open
0 bu
Board locked, cash price not yet settled.
Sold, not hauled
35k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Jun 23, 2026 | Wheat new crop | Basis | 12k bu | $6.06 | -$0.64 | $5.42 | +$0.17 $1,972 | Jul 2027 Smith Center Feeders Not hauled |
| May 20, 2026 | Wheat new crop | Cash | 5,800 bu | $5.99 | -$0.65 | $5.34 | +$0.09 $522 | Jul 2027 Smith Center Feeders Not hauled |
| Mar 5, 2026 | Wheat new crop | Forward/HTA | 18k bu | $5.91 | -$0.60 | $5.31 | +$0.06 $1,062 | Jul 2027 Smith Center Feeders 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 |
|---|---|---|---|
| Oct 16, 2026 | Wheat | Check in | Season check in, no recommendation |
| Sep 7, 2026 | Wheat | Priced | Filled the resting order and confirmed the contract |
| Apr 12, 2026 | Wheat | Agreed, not yet executed | Agreed to price the next rung, waiting on the delivery window |
| Apr 7, 2026 | Wheat | Check in | Walked through the position and the ladder |
| Mar 14, 2026 | Wheat | Declined | Recommended fixing basis, client wants to see spring |
| Mar 7, 2026 | Wheat | Check in | Walked through the position and the ladder |
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.