Stonebridge Ag

Nadine Eichhorn · Webster County, NE · Wes Tolliver · client since 2016

322k bu at 84% priced · 326 head at 60% sold

$2M under management

Self directedCosts from their booksLast spoke in 61 days8 other findings(785) 555-3506

Position Plan Working Orders Sales Break-evens Livestock Coverage 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

326

195 sold, 60% by head

Sold against pace

60%

Pace target 95% by head.

Head with no floor

Unsold, with no endorsement and no forward contract.

On the table

$37,213

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

2026 calf crop Cow / Calf

326 calves at 5.31 cwt · 1,731 cwt total

Needs a callMarketable now

Sell the next lot: 60% sold against a 95% pace with the market $53.50/cwt over cost

Every day above break-even is margin that can be locked. Selling 66 head near $230.71/cwt banks the next lot without betting the whole pen on one sale day. The window opens in 0 days, and these cannot be held past it.

66 head at $230.71 banks $18,749 over cost of gain.

Cost of gain

$177.21

$941 a head. From their books, Aug 25, 2026.

Market today

$230.71

Cow / Calf at the outlets this client uses.

Average sold

$226.81

+$49.60/cwt over cost on 195 head, so $51,613 banked.

Market over cost

+$53.50

$37,213 across the unsold head.

Sold against pace, by head60% of 95% target

By head rather than by pounds, which is what a producer means. 195 head is 60% of the weight, because the lots that went first were not average.

131 unsold62 sold, not shippedWindow Oct 25, 2026 to Dec 25, 2026

What is under the price

Index	Head	Coverage	Premium	Net floor	Against cost	Ends
Feeder Cattle	208	$209.50	$-4.63	$204.87	+$27.66	Jan 2, 2027 17 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 Nadine Eichhorn, 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
$231.19	49	+$53.98 $14,044	Sold	Aug 25, 2026 61 days ago	Hit
$237.74	55	+$60.53 $17,677	Sold	Oct 25, 2026 today	Hit

Lots sold

Date	Head	Weight	Price	Outlet
Jul 18, 2026	33	5.25 cwt	$234.14	Heartland Video Auction ForwardNot shipped
Jun 20, 2026	29	5.42 cwt	$237.12	Concordia Livestock Auction ForwardNot shipped
Apr 17, 2026	133	5.34 cwt	$222.74	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.