Sweetwater Ag

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

125k bu at 72% priced · 257 head at 68% sold

$1.1M under management

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

Position Plan Working Orders Sales Break-evens Livestock Recap

83 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

174 sold, 68% by head

Sold against pace

68%

Pace target 65% by head.

Head with no floor

Unsold, with no endorsement and no forward contract.

On the table

$51,695

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 planReady in 46 days

On pace: 68% sold, market $107.01/cwt over break-even

The next rung is 64 head at $269.97/cwt by 2026-12-09. Let the market come to it.

Cost of gain

$139.18

$810 a head. From their books, Jun 9, 2026.

Market today

$246.19

Cow / Calf at the outlets this client uses.

Average sold

$241.60

+$102.42/cwt over cost on 174 head, so $99,981 banked.

Market over cost

+$107.01

$51,695 across the unsold head.

Sold against pace, by head68% of 65% target

By head rather than by pounds, which is what a producer means. 174 head is 65% of the weight, because the lots that went first were not average.

83 unsold83 with no floor25 restingWindow 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 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
$245.51	47	+$106.33 $29,087	Sold	Jun 9, 2026 2 months ago	Hit
$253.69	63	+$114.51 $41,988	Sold	Aug 9, 2026 15 days ago	Hit
$262.67	44	+$123.49 $31,625	Sold	Oct 9, 2026 in 46 days	Hit
$269.97	64	+$130.79 $48,718	$23.78	Dec 9, 2026 in 4 months	Working

Resting in the market

Head	Trigger	Away	Expires
25	$249.54	$3.35	Good til canceled

Lots sold

Date	Head	Weight	Price	Outlet
Jun 2, 2026	174	5.61 cwt	$241.60	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.