Willow Bend Family Farms

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

184k bu at 74% priced · 721 head at 83% sold

$2.8M under management

Call before pricingCosts are estimatesLast spoke in 28 days13 other findings(785) 555-5545

Position Plan Working Orders Sales Break-evens Livestock Coverage 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

$10,843

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

Pen, Jun placement Feedlot

721 head at 12.73 cwt · 9,178 cwt total

On planReady in 31 days

On pace: 83% sold, market $6.76/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

$180.13

Feedlot at the outlets this client uses.

Average sold

$172.28

-$1.09/cwt over cost on 595 head, so -$8,249 banked.

Market over cost

+$6.76

$10,843 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 Nov 25, 2026 to Jan 25, 2027

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
$180.70	201	+$7.33 $18,756	Sold	Aug 25, 2026 61 days ago	Hit
$187.14	154	+$13.77 $26,995	Sold	Oct 25, 2026 today	Hit
$191.03	173	+$17.66 $38,892	Sold	Dec 25, 2026 in 61 days	Hit

Lots sold

Date	Head	Weight	Price	Outlet
Jul 18, 2026	595	12.72 cwt	$172.28 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.