 |
Gross Revenue Summary
| Farm Program Crop |
Corn |
| Bushels
Enrolled |
50,000 |
| Acres |
270 |
| Estimated
Yield |
185
Bushels |
| Estimated
Basis |
$
-0.38 |
| Target
Futures Price |
$
4.00 |
| Target
Revenue Per Acre |
$
850 |
REVENUE
SUMMARY
| Cash
Sales Summary |
Total
Bushel |
$
per Bushel |
Total |
| Current
Yield Est. 185 bushel/acre |
50,000 |
|
|
| Cash
Sales |
30,000 |
$
3.68 |
$110,400 |
| Unsold
Inventory |
20,000 |
$
4.25 |
$85,000 |
Hedge Summary |
Total Bushels |
% Sold |
|
| Cash Sales |
30,000 |
60% |
|
| Net(Long)/Short of Futures and Options |
15,000 |
30% |
|
| Total % Sold |
|
90% |
|
Futures and Options |
|
|
|
| Net Gain/(Loss) |
|
$ .40 |
$20,000
|
| |
Per
Bushel |
Per
Acre |
Total |
| TOTAL REVENUE |
$4.31 |
$798.00 |
$215,400 |
| TOTAL
as a Percentage of Target Revenue |
|
|
93% |
| Additional
Bu. needed to reach Target |
|
|
12 |
| Additional
Revenue to reach Target |
$.28 |
$52 |
$14,040 |
|
