Willow Bend Family Farms

Lori Bergen · Washington County, KS · Owen Speck · client since 2017

184k bu at 72% priced · 721 head at 83% sold

$2.9M under management

Call before pricingCosts are estimatesLast spoke in 43 days8 other findings(785) 555-5545

Position Plan Working Orders Sales Break-evens Livestock Recap

126 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

721

595 sold, 83% by head

Sold against pace

83%

Pace target 80% by head.

Head with no floor

126

Unsold, with no endorsement and no forward contract.

On the table

$13,842

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

Pen, Apr placement Feedlot

721 head at 12.73 cwt · 9,178 cwt total

On planReady in 16 days

On pace: 83% sold, market $8.63/cwt over break-even

Set the next rung on the ladder so the market has a standing order to hit.

Cost of gain

$173.37

$2,207 a head. Estimated.

Market today

$182.00

Feedlot at the outlets this client uses.

Average sold

$174.07

+$0.70/cwt over cost on 595 head, so $5,298 banked.

Market over cost

+$8.63

$13,842 across the unsold head.

Sold against pace, by head83% of 80% target

By head rather than by pounds, which is what a producer means. 595 head is 82% of the weight, because the lots that went first were not average.

126 unsold126 with no floor595 on a grid, not settledWindow Sep 9, 2026 to Nov 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 Lori Bergen, 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
$182.58	201	+$9.21 $23,566	Sold	Jun 9, 2026 2 months ago	Hit
$189.08	154	+$15.71 $30,798	Sold	Aug 9, 2026 15 days ago	Hit
$193.01	173	+$19.64 $43,253	Sold	Oct 9, 2026 in 46 days	Hit

Lots sold

Date	Head	Weight	Price	Outlet
May 2, 2026	595	12.72 cwt	$174.07 estimate	Great Plains Beef 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.