Boxelder Grain Co

Grant Rasmussen · Clay County, KS · Wes Tolliver · client since 2017

71k bu at 58% priced · 1,390 head at 36% sold

$3.7M under management

Call before pricingCosts from their booksLast spoke in 5 months1 critical2 other findings(785) 555-8543

Position Plan Working Orders Sales Break-evens Livestock Recap

883 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

1,390

507 sold, 36% by head

Sold against pace

36%

Pace target 80% by head.

Head with no floor

883

Unsold, with no endorsement and no forward contract.

On the table

—

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

Pen, Apr placement Feedlot

1,390 head at 13.18 cwt · 18,320 cwt total

Needs a callReady in 16 days

Time stop passed: the 238 head lot was due 2026-08-09

The plan sells this lot on the calendar rather than the market, so cattle do not ride past condition and weight. Today's market is $182.00/cwt against a $184.52 break-even.

238 head at $182.00 banks -$7,911 over cost of gain.

Cost of gain

$184.52

$2,432 a head. From their books, Aug 9, 2026.

Market today

$182.00

Feedlot at the outlets this client uses.

Average sold

$189.19

+$4.67/cwt over cost on 507 head, so $30,412 banked.

Market over cost

-$2.52

The market is not paying what these animals cost.

Sold against pace, by head36% of 80% target

By head rather than by pounds, which is what a producer means. 507 head is 36% of the weight, because the lots that went first were not average.

883 unsold883 with no floor507 on a grid, not settledWindow Sep 9, 2026 to Oct 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 Grant Rasmussen, 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
$191.90	402	+$7.38 $39,091	Sold	Jun 9, 2026 2 months ago	Hit
$191.90	238	+$7.38 $23,144	$9.90	Aug 9, 2026 15 days ago	Time stop passed
$195.57	290	+$11.05 $42,228	$13.57	Oct 9, 2026 in 46 days	Working

Lots sold

Date	Head	Weight	Price	Outlet
May 29, 2026	507	12.85 cwt	$189.19 estimate	Nebraska Beef Processors Grid

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.