Sweetwater Ag

Peg Hastings · Cloud County, KS · Wes Tolliver · client since 2026

125k bu at 80% priced · 257 head at 97% sold

$1M under management

Self directedCosts from their booksLast spoke in 4 months1 other findings(785) 555-5123

Position Plan Working Orders Sales Break-evens Livestock Coverage Recap

8 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

257

249 sold, 97% by head

Sold against pace

97%

Pace target 95% by head.

Head with no floor

Unsold, with no endorsement and no forward contract.

On the table

$4,262

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

2026 calf crop Cow / Calf

257 calves at 5.82 cwt · 1,496 cwt total

On planMarketable now

On pace: 97% sold, market $91.53/cwt over break-even

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

Cost of gain

$139.18

$810 a head. From their books, Aug 25, 2026.

Market today

$230.71

Cow / Calf at the outlets this client uses.

Average sold

$226.41

+$87.23/cwt over cost on 249 head, so $121,857 banked.

Market over cost

+$91.53

$4,262 across the unsold head.

Sold against pace, by head97% of 95% target

By head rather than by pounds, which is what a producer means. 249 head is 93% of the weight, because the lots that went first were not average.

8 unsold8 with no floor2 restingWindow 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 Peg Hastings, 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
$230.07	47	+$90.89 $24,863	Sold	Aug 25, 2026 61 days ago	Hit
$237.74	63	+$98.56 $36,140	Sold	Oct 25, 2026 today	Hit
$246.16	44	+$106.98 $27,397	Sold	Dec 25, 2026 in 61 days	Hit
$252.99	64	+$113.81 $42,394	Sold	Feb 25, 2027 in 4 months	Hit

Resting in the market

Head	Trigger	Away	Expires
2	$233.85	$3.14	Good til canceled

Lots sold

Date	Head	Weight	Price	Outlet
Aug 18, 2026	249	5.61 cwt	$226.41	Belleville Livestock Sales Forward

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.