Goose Creek Ag
Cole Foss · Smith County, KS · Katie Rennick · client since 2019
121k bu at 69% priced
$519K under management
Call before pricingCosts from their booksLast spoke in 4 days1 critical6 other findings(785) 555-9618
8,400 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 Cole Foss plainly that this part of the position is not fully priced yet.
Contracts
14
83k bu priced, 69% of expected production.
Revenue locked
$352,151
-$30,117 of it over break-even.
Basis left open
8,400 bu
Board locked, cash price not yet settled.
Sold, not hauled
61k bu
Contracted bushels that still have to physically move.
Contracts
| Priced | Crop | Instrument | Bushels | Board | Basis | Net cash | Over cost | Delivery |
|---|---|---|---|---|---|---|---|---|
| Aug 1, 2026 | Milo new crop | Forward/HTA | 5,300 bu | $3.94 | -$0.44 | $3.50 | -$0.76 -$4,028 | Dec 2026 Smith Center Feeders Not hauled |
| Jul 28, 2026 | Milo old crop | Cash | 3,900 bu | $3.88 | -$0.50 | $3.38 | -$0.40 -$1,560 | Oct 2026 Smith Center Feeders Not hauled |
| Jun 22, 2026 | Wheat old crop | Forward/HTA | 7,300 bu | $5.46 | -$0.62 | $4.84 | -$0.47 -$3,431 | Oct 2026 Smith Center Feeders Not hauled |
| Jun 21, 2026 | Wheat new crop | Forward/HTA | 5,100 bu | $6.07 | -$0.62 | $5.45 | +$0.63 $3,213 | Jul 2027 Smith Center Feeders Not hauled |
| May 14, 2026 | Milo old crop | Cash | 1,100 bu | $3.97 | -$0.51 | $3.46 | -$0.32 -$352 | Oct 2026 Smith Center Feeders Not hauled |
| May 9, 2026 | Wheat old crop | Basis | 6,000 bu | $5.60 | -$0.61 | $4.99 | -$0.32 -$1,920 | Oct 2026 Smith Center Feeders Hauled |
| May 3, 2026 | Milo new crop | Cash | 4,100 bu | $3.85 | -$0.48 | $3.37 | -$0.89 -$3,649 | Dec 2026 Smith Center Feeders Not hauled |
| Apr 27, 2026 | Wheat new crop | Forward/HTA | 4,300 bu | $6.10 | -$0.66 | $5.44 | +$0.62 $2,666 | Jul 2027 Smith Center Feeders Not hauled |
| Apr 10, 2026 | Wheat old crop | Forward/HTA | 6,800 bu | $5.53 | -$0.59 | $4.94 | -$0.37 -$2,516 | Oct 2026 Smith Center Feeders Hauled |
| Mar 30, 2026 | Milo new crop | Forward/HTA | 8,400 bu | $4.04 | -$0.49 Open | $3.55 estimate | -$0.71 -$5,964 | Dec 2026 Smith Center Feeders Not hauled |
| Mar 18, 2026 | Milo old crop | Cash | 5,100 bu | $3.94 | -$0.54 | $3.40 | -$0.38 -$1,938 | Oct 2026 Smith Center Feeders Not hauled |
| Feb 17, 2026 | Wheat old crop | Cash | 9,900 bu | $5.67 | -$0.59 | $5.08 | -$0.23 -$2,277 | Oct 2026 Smith Center Feeders Hauled |
| Feb 12, 2026 | Milo new crop | Cash | 7,400 bu | $4.12 | -$0.45 | $3.67 | -$0.59 -$4,366 | Dec 2026 Smith Center Feeders Not hauled |
| Jan 24, 2026 | Milo old crop | Cash | 8,500 bu | $3.81 | -$0.50 | $3.31 | -$0.47 -$3,995 | Oct 2026 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 |
|---|---|---|---|
| Sep 18, 2026 | Wheat | Priced | Filled the resting order and confirmed the contract |
| May 16, 2026 | Milo | Check in | Walked through the position and the ladder |
| Mar 1, 2026 | Milo | Priced | Booked a forward contract inside the insurance guarantee |
| Feb 18, 2026 | Milo | Priced | Booked a forward contract inside the insurance guarantee |
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.