Sage Flat Farms

Beth Dietrich · Cloud County, KS · Katie Rennick · client since 2024

628k bu at 72% priced · 4,045 head at 10% sold

$4.1M under management

Call before pricingCosts from their booksLast spoke in 36 days1 critical8 other findings(785) 555-7217

Position Plan Working Orders Sales Break-evens Livestock Coverage Recap

1,481 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

4,045

404 sold, 10% by head

Sold against pace

10%

Pace target 10% by head.

Head with no floor

1,481

Unsold, with no endorsement and no forward contract.

On the table

$144,417

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

Finishing barn, Jul turn Hog

4,045 head at 2.8 cwt · 11,326 cwt total

Needs a callReady in 9 months

Time stop passed: the 825 head lot was due 2026-08-25

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 $84.88/cwt against a $70.71 break-even.

825 head at $84.88 banks $32,723 over cost of gain.

Cost of gain

$70.71

$198 a head. From their books, Sep 25, 2026.

Market today

$84.88

Hog at the outlets this client uses.

Average sold

$82.36

+$11.64/cwt over cost on 404 head, so $13,674 banked.

Market over cost

+$14.17

$144,417 across the unsold head.

Sold against pace, by head10% of 10% target

By head rather than by pounds, which is what a producer means. 404 head is 10% of the weight, because the lots that went first were not average.

3,641 unsold1,481 with no floorWindow Jul 25, 2027 to Sep 25, 2027

What is under the price

Index	Head	Coverage	Premium	Net floor	Against cost	Ends
Swine	2,160	$78.20	$-1.55	$76.65	+$5.94	Jun 25, 2027 43 week endorsement Before the sale

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 Beth Dietrich, 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
$85.09	825	+$14.38 $33,208	$0.21	Aug 25, 2026 61 days ago	Time stop passed
$88.26	1,176	+$17.55 $57,775	$3.38	Oct 25, 2026 today	Due soon
$91.05	800	+$20.34 $45,552	$6.17	Dec 25, 2026 in 61 days	Working

Lots sold

Date	Head	Weight	Price	Outlet
Aug 13, 2026	56	2.89 cwt	$81.19	Prairie Pork Forward
Jul 6, 2026	124	2.91 cwt	$83.47	Prairie Pork Cash
Apr 24, 2026	224	2.91 cwt	$82.03	Prairie Pork Forward

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.