Spring Branch Grain Co
Lyle Wendt · Mitchell County, KS · Katie Rennick · client since 2025
338k bu at 82% priced
$1.8M under management
Self directedCosts are estimatesLast spoke in 38 days2 other findings(785) 555-6028
Lyle Wendt has declined a recommendation 2 times 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
5
277k bu priced, 82% of expected production.
Revenue locked
$1,500,436
$16,972 of it over break-even.
Basis left open
0 bu
Board locked, cash price not yet settled.
Sold, not hauled
224k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Apr 7, 2026 | Wheat old crop | Basis | 100k bu | $5.29 | -$0.24 | $5.05 | -$0.57 -$57,171 | Aug 2026 Concordia Grain Not hauled |
| Apr 4, 2026 | Wheat new crop | Forward/HTA | 62k bu | $5.90 | -$0.30 | $5.60 | +$0.58 $35,844 | Jul 2027 Concordia Grain Not hauled |
| Mar 13, 2026 | Wheat old crop | Cash | 53k bu | $5.54 | -$0.23 | $5.31 | -$0.31 -$16,399 | Aug 2026 Concordia Grain Hauled |
| Feb 18, 2026 | Wheat new crop | Cash | 35k bu | $6.23 | -$0.30 | $5.93 | +$0.91 $31,850 | Jul 2027 Concordia Grain Not hauled |
| Jan 24, 2026 | Wheat new crop | Forward/HTA | 27k bu | $6.07 | -$0.21 | $5.86 | +$0.84 $22,848 | Jul 2027 Concordia Grain 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 |
|---|---|---|---|
| Jan 18, 2026 | Wheat | Declined | Recommended moving old crop, client is holding for a rally |
| Jan 12, 2026 | Wheat | Declined | Recommended moving old crop, client is holding for a rally |
| Jan 7, 2026 | Wheat | Check in | Season check in, no recommendation |
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.