Windmill Ranch

Lori Frawley · Clay County, KS · Bree Sandoval · client since 2020

118k bu at 71% priced · 103 head at 62% sold

$1M under management

Price to the planCosts are estimatesLast spoke in 21 days4 other findings(785) 555-8739

Position Plan Working Orders Sales Break-evens Livestock Recap

Every unsold head on this account has either a floor or a contract behind it. That is the intended state for livestock, because there is no storing an animal while a bad market passes.

Head to market

103

64 sold, 62% by head

Sold against pace

62%

Pace target 65% by head.

Head with no floor

Unsold, with no endorsement and no forward contract.

On the table

$15,851

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

2026 calf crop Cow / Calf

103 calves at 5.4 cwt · 556 cwt total

On planReady in 46 days

On pace: 62% sold, market $75.26/cwt over break-even

The next rung is 25 head at $263.04/cwt by 2026-10-09. Let the market come to it.

Cost of gain

$170.93

$923 a head. Stated, Jun 9, 2026.

Market today

$246.19

Cow / Calf at the outlets this client uses.

Average sold

$246.62

+$75.69/cwt over cost on 64 head, so $26,693 banked.

Market over cost

+$75.26

$15,851 across the unsold head.

Sold against pace, by head62% of 65% target

By head rather than by pounds, which is what a producer means. 64 head is 63% of the weight, because the lots that went first were not average.

39 unsold11 restingWindow Oct 9, 2026 to Dec 9, 2026

What is under the price

Index	Head	Coverage	Premium	Net floor	Against cost	Ends
Feeder Cattle	80	$223.80	$-4.34	$219.46	+$48.53	May 29, 2027 47 week endorsement

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 Lori Frawley, 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
$246.46	22	+$75.53 $8,973	Sold	Jun 9, 2026 2 months ago	Hit
$254.37	21	+$83.44 $9,463	Sold	Aug 9, 2026 15 days ago	Hit
$263.04	25	+$92.11 $12,435	$16.85	Oct 9, 2026 in 46 days	Working

Resting in the market

Head	Trigger	Away	Expires
11	$260.10	$13.91	Oct 27, 2026

Lots sold

Date	Head	Weight	Price	Outlet
May 17, 2026	64	5.51 cwt	$246.62	Heartland Video Auction Cash

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.