Stonebridge Ag

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

322k bu at 82% priced · 326 head at 30% sold

$2.1M under management

Self directedCosts from their booksLast spoke in 2 months1 critical3 other findings(785) 555-3506

Position Plan Working Orders Sales Break-evens Livestock Recap

21 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

326

97 sold, 30% by head

Sold against pace

30%

Pace target 65% by head.

Head with no floor

Unsold, with no endorsement and no forward contract.

On the table

$83,876

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 callReady in 46 days

Time stop passed: the 55 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 $246.19/cwt against a $177.21 break-even.

55 head at $246.19 banks $20,145 over cost of gain.

Cost of gain

$177.21

$941 a head. From their books, Jun 9, 2026.

Market today

$246.19

Cow / Calf at the outlets this client uses.

Average sold

$242.07

+$64.86/cwt over cost on 97 head, so $33,580 banked.

Market over cost

+$68.98

$83,876 across the unsold head.

Sold against pace, by head30% of 65% target

By head rather than by pounds, which is what a producer means. 97 head is 30% of the weight, because the lots that went first were not average.

229 unsold21 with no floor31 sold, not shippedWindow Oct 9, 2026 to Dec 9, 2026

What is under the price

Index	Head	Coverage	Premium	Net floor	Against cost	Ends
Feeder Cattle	208	$223.56	$-4.94	$218.62	+$41.41	Oct 17, 2026 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
$246.70	49	+$69.49 $18,080	Sold	Jun 9, 2026 2 months ago	Hit
$253.69	55	+$76.48 $22,335	$7.50	Aug 9, 2026 15 days ago	Time stop passed

Lots sold

Date	Head	Weight	Price	Outlet
May 2, 2026	16	5.25 cwt	$249.85	Heartland Video Auction ForwardNot shipped
Apr 4, 2026	15	5.42 cwt	$253.03	Concordia Livestock Auction ForwardNot shipped
Jan 30, 2026	66	5.34 cwt	$237.69	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.