|
|||||||||
 << Click the icon to the left to view a short tutorial on this part of the Market Data service. |
|||||
| Prepared for : MDI Example | |||||
| Commodity : Wheat-KC | Back | ||||
| Start Date : 1-Jan-2007 | End Date : 31-Dec-2007 | ||||
|
Crop Type
|
Continuous or Double Crop
|
Dryland
|
Irrigated or Semi-Irr.
|
||
| Number of Acres: | 0 | 990 | 125 | Sale Month: | August |
| Estimated Crop Yield: | 0 | 45 | 70 | Cash Target Price: | $4.25 |
| Your % Share of Acres: | 0.00% | 89.90% | 100.00% | Estimated basis: | ($0.45) |
| Qty Reserved for Feed or Seed: | 0 | 0 | 0 | Target Dollars: | $207,402 |
| CRC/MPCI Units: | 0 | 23,674 | 4,813 | Total CRC/MPCI: | 28,487 |
| Number of Units to Sell: | 0 | 40,050 | 8,750 | Total Units to Sell: | 48,800 |
| # of Review Years: | 30 |
CCP Price:
|
$3.31 | CCP Units: | 37,259 |
The program assumes pre-harvest cash sales, short Futures hedges (or
any other marketing technique with non-delivery risk) of up to 20%
on continuous or double crop, 40% on dry land, 50% on semi-irrigated,
60% on irrigated can be made under our Rules of Risk review. |
| Order Date | Sale Type | Sale Units | Market Price |
Plus Basis(-) |
Cost (if any) |
Target Price | % of Total |
| 11/19/2006 | Cash Sale | 1,900 | $4.70 | $0.00 | $0.00 | $4.70 | 3.9% |
| Notes: | Local Elevator | ||||||
| 11/21/2006 | Put Options Order | 25,000 | $5.20 | -$0.45 | $0.15 | $4.60 | 51.2% |
| Notes: | Local Broker | ||||||
| 11/21/2006 | Hedge Order | 10,000 | $5.30 | -$0.45 | $0.00 | $4.85 | 20.5% |
| Notes: | Local Broker | ||||||
| 11/21/2006 | Cash Sale | 1,900 | $5.25 | $0.00 | $0.00 | $5.25 | 3.9% |
| Notes: | Local Elevator | ||||||
from January 30, 2007 to the end of the Sale Month
| Sale Month |
Cash Target Price |
Cash Basis |
Other costs | Futures Target Price | Current Sep - 07 Futures |
Futures Move Needed |
Target Probability | Move Probability | |||
| Last years | Similar Years | Last years | Similar Years | ||||||||
| Target | Aug | $4.25 | ($0.45) | $0.00 | $4.70 | $5.06 | $0.00 | 20.0% | 60.0% | 100.0% | 100.0% |
| Planned | Aug | $4.70 | ($0.45) | $0.00 | $5.15 | $5.06 | $0.09 | 6.7% | 40.0% | 76.7% | 100.0% |
| Planned | Aug | $4.60 | ($0.45) | $0.15 | $5.20 | $5.06 | $0.14 | 6.7% | 40.0% | 73.3% | 100.0% |
| Planned | Aug | $4.85 | ($0.45) | $0.00 | $5.30 | $5.06 | $0.24 | 3.3% | 40.0% | 60.0% | 80.0% |
| Planned | Aug | $5.25 | ($0.45) | $0.00 | $5.70 | $5.06 | $0.64 | 3.3% | 40.0% | 23.3% | 40.0% |
| You will receive an email alert when one of your targets is at or within $0.05 of being reached. |
| (A) | (B) | (C) | (D) | (E) | (F) | (G) | (H) | ||
| Date | Sale Type | Cash Sale Units | Hedged Units | Price per Unit | Total Dollars Received | Units Unsold or Hedged | Target $ Left | New Target per Unit | % of Total |
| 3/20/2005 | Cash Sale | 10,000 | 0 | $4.50 | $45,000 | 38,800 | $162,402 | $4.19 | 20.5% |
| Notes: | Elevator | ||||||||
| Summary Totals | 10,000 | 0 | $4.50 Average | $45,000 | 38,800 | $162,402 | $4.19 | 20.5% | |
| Target Order Summary Total: | 80% |
| Combined Sales and Orders: | 100% |
|
Based on your cash target price of $4.25
times the unsold units of 38,800, your potential income is $2,500 above your target dollars of $207,402 | |||||||||||
|
If your actual marketing is combined with the planned marketing strategies and the remaining production is sold at your cash target price you would arrive at total dollars of $210,755. This would be $3,353 over your target dollars. Your average price would be $4.32. |
|||||||||||
| ALERT ! - If your target orders are successful, maximum pre-harvest cash sales or pre-harvest hedge bushels will be 2,530 over what you should sell according to MDI's Rules of Risk which is 21,270 bushels. | |||||||||||