North Fork Ag

Hank Yoder · Washington County, KS · Wes Tolliver · client since 2026

453 head at 63% sold

$612.2K under management

Price to the planCosts are estimatesLast spoke in 29 days(785) 555-4025

Position Plan Working Orders Sales Break-evens Livestock Recap

167 head has no floor under it. Whether that matters depends on the margin: with the market well over cost of gain it is a risk the desk can live with, and with the market near cost it is the finding that outranks everything else on this page.

Head to market

453

286 sold, 63% by head

Sold against pace

63%

Pace target 65% by head.

Head with no floor

167

Unsold, with no endorsement and no forward contract.

On the table

$75,041

Margin over cost of gain in the unsold head, at today's market.

2026 calf crop Cow / Calf

453 calves at 5.42 cwt · 2,455 cwt total

On planReady in 46 days

On pace: 63% sold, market $82.91/cwt over break-even

The next rung is 115 head at $264.34/cwt by 2026-10-09. Let the market come to it.

Cost of gain

$163.28

$885 a head. Estimated.

Market today

$246.19

Cow / Calf at the outlets this client uses.

Average sold

$253.29

+$90.01/cwt over cost on 286 head, so $138,361 banked.

Market over cost

+$82.91

$75,041 across the unsold head.

Sold against pace, by head63% of 65% target

By head rather than by pounds, which is what a producer means. 286 head is 63% of the weight, because the lots that went first were not average.

167 unsold167 with no floor190 sold, not shipped60 restingWindow Oct 9, 2026 to Nov 9, 2026

What is under the price

No LRP endorsement on this group. With grain the fallback is a bin; here there is none, so an unsold head with no floor is exposed to whatever the market does between now and the day it has to move.

The net floor is the coverage price less the premium, because a $6.50 premium on a $240.00 coverage price is a $233.50 floor. And LRP settles on RMA's published index rather than on what these animals bring at the barn: the basis between the two stays with Hank Yoder, so this is not a guaranteed sale price and should never be described as one.

The ladder

Price	Head	Over cost	Away	Sell by	State
$246.96	136	+$83.68 $61,679	Sold	Jun 9, 2026 2 months ago	Hit
$255.51	129	+$92.23 $64,482	Sold	Aug 9, 2026 15 days ago	Hit
$264.34	115	+$101.06 $62,988	$18.15	Oct 9, 2026 in 46 days	Working

Resting in the market

Head	Trigger	Away	Expires
60	$257.26	$11.07	Sep 28, 2026

Lots sold

Date	Head	Weight	Price	Outlet
May 4, 2026	33	5.51 cwt	$244.72	Concordia Livestock Auction Cash
Apr 17, 2026	63	5.59 cwt	$252.57	Belleville Livestock Sales Cash
Feb 20, 2026	190	5.28 cwt	$255.10	Belleville Livestock Sales ForwardNot shipped

A grid lot's price is an estimate until the carcass data comes back, in the same way an HTA with the basis open is on the grain side. Both mean the average on the client's statement moves after the fact.