GrainStrategy

Goose Creek Grain Co

Vern Larsen · Clay County, KS · Wes Tolliver · client since 2018

143k bu at 70% priced · 353 head at 96% sold
$1M under management
Price to the planCosts are estimatesLast spoke in 3 months9 other findings(785) 555-7967
15 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
353
338 sold, 96% by head
Sold against pace
96%
Pace target 95% by head.
Head with no floor
15
Unsold, with no endorsement and no forward contract.
On the table
$5,837
Margin over cost of gain in the unsold head, at today's market.

2026 calf crop Cow / Calf

353 calves at 5.54 cwt · 1,956 cwt total

On planMarketable now
On pace: 96% sold, market $70.24/cwt over break-even

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

Cost of gain
$160.47
$889 a head. Stated, Jun 25, 2026.
Market today
$230.71
Cow / Calf at the outlets this client uses.
Average sold
$221.62
+$61.15/cwt over cost on 338 head, so $115,953 banked.
Market over cost
+$70.24
$5,837 across the unsold head.
Sold against pace, by head96% of 95% target

By head rather than by pounds, which is what a producer means. 338 head is 97% of the weight, because the lots that went first were not average.

15 unsold15 with no floor338 sold, not shippedWindow Oct 25, 2026 to Dec 25, 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 Vern Larsen, so this is not a guaranteed sale price and should never be described as one.

The ladder

PriceHeadOver costAwaySell byState
$229.7164+$69.24
$24,550
SoldAug 25, 2026
61 days ago
Hit
$237.3683+$76.89
$35,356
SoldOct 25, 2026
today
Hit

Lots sold

DateHeadWeightPriceOutlet
Aug 7, 20263385.61 cwt$221.62Concordia Livestock Auction
CashNot shipped

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.