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Monitor Your Farm Marketing Progress
P.O. Box 90    Oberlin, Kansas 67749
Phone: (800) 867- 8289 Fax: (785) 475 - 3864   
Farm Marketing Progress Monitor
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Prepared for :  MDI Example
  Commodity :  Wheat-KC   Back   Print
 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.
Planned Marketing Strategies
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  
Odds of Success of Planned Marketing Strategies
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.
Actual Marketing Plan Strategies Completed
    (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.
Similar Years
The Years considered Similar are: 1974, 1975, 1981, 1991, 1996

 

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