Goose Creek Grain Co

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

143k bu at 68% priced · 353 head at 66% sold

$1.1M under management

Price to the planCosts are estimatesLast spoke in 4 months8 other findings(785) 555-7967

Position Plan Working Orders Sales Break-evens Livestock Recap

121 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

232 sold, 66% by head

Sold against pace

66%

Pace target 65% by head.

Head with no floor

121

Unsold, with no endorsement and no forward contract.

On the table

$57,462

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 planReady in 46 days

On pace: 66% sold, market $85.72/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, Apr 9, 2026.

Market today

$246.19

Cow / Calf at the outlets this client uses.

Average sold

$236.49

+$76.02/cwt over cost on 232 head, so $98,942 banked.

Market over cost

+$85.72

$57,462 across the unsold head.

Sold against pace, by head66% of 65% target

By head rather than by pounds, which is what a producer means. 232 head is 67% of the weight, because the lots that went first were not average.

121 unsold121 with no floor232 sold, not shippedWindow Oct 9, 2026 to Dec 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 Vern Larsen, 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
$245.13	64	+$84.66 $30,017	Sold	Jun 9, 2026 2 months ago	Hit
$253.29	83	+$92.82 $42,681	Sold	Aug 9, 2026 15 days ago	Hit

Lots sold

Date	Head	Weight	Price	Outlet
May 22, 2026	232	5.61 cwt	$236.49	Concordia 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.