Harvest Moon Ag
Ross Hastings · Cloud County, KS · Wes Tolliver · client since 2022
Soybeans new crop · Nov 2026
Break-even $9.89 · cash bid $10.55 · 68% priced against a 80% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $10.29 | +$0.40 | 15% 10k bu | Filled | Jul 25, 2026 3 months ago Window Feb-May | Hit |
| 2 | $11.01 | +$1.12 | 15% 10k bu | Filled | Sep 25, 2026 30 days ago Window Feb-May | Hit |
| 3 | $11.40 | +$1.51 | 24% 16k bu | Filled | Nov 25, 2026 in 31 days Window Feb-May | Hit |
| 4 | $12.04 | +$2.15 | 23% 15k bu | $1.49 | Jan 25, 2027 in 3 months Window Feb-May | Working |
Wheat new crop · Jul 2027
Break-even $5.63 · cash bid $5.46 · 51% priced against a 80% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $5.92 | +$0.29 | 15% 19k bu | Filled | Jul 25, 2026 3 months ago Window Feb-May | Hit |
| 2 | $6.18 | +$0.55 | 24% 30k bu | Filled | Sep 25, 2026 30 days ago Window Feb-May | Hit |
| 3 | $6.53 | +$0.90 | 25% 31k bu | $1.07 | Nov 25, 2026 in 31 days Window Feb-May | Working |
| 4 | $6.84 | +$1.21 | 20% 25k bu | $1.38 | Jan 25, 2027 in 3 months Window Feb-May | Working |
Wheat old crop · Dec 2026
Break-even $5.53 · cash bid $5.08 · 92% priced against a 95% pace
| Rung | Price | Over cost | Tranche | Away from the bid | Sell by | State |
|---|---|---|---|---|---|---|
| 1 | $5.86 | +$0.33 | 15% 16k bu | Filled | Oct 25, 2026 today Window Feb-May | Hit |
| 2 | $6.15 | +$0.62 | 24% 25k bu | Filled | Dec 25, 2026 in 61 days Window Feb-May | Hit |
| 3 | $6.41 | +$0.88 | 23% 24k bu | Filled | Feb 25, 2027 in 4 months Window Feb-May | Hit |
| 4 | $6.68 | +$1.15 | 18% 19k bu | Filled | Apr 25, 2027 in 6 months Window Feb-May | Hit |
Rungs are sorted by price rather than by the order they were entered, because a scale-up ladder only reads as a ladder in price order. Distance is measured from the cash bid, which is the board plus the local basis, not from the board alone.
A rung that filled before its date is done rather than overdue. The desk's cushion over break-even is $0.10, because a break-even is itself an estimate and pricing exactly at one is pricing at the midpoint of an error bar. On this crop that means a rung has to clear $9.99 to count as clearing cost.