Iron Mound Farms LLC

Peg Stoll · Nuckolls County, NE · Owen Speck · client since 2020

111k bu at 72% priced · 436 head at 96% sold

$961.4K under management

Call before pricingCosts are estimatesLast spoke in 36 days13 other findings(785) 555-8244

Position Plan Working Orders Sales Break-evens Livestock Coverage Recap

Every unsold head on this account has either a floor or a contract behind it. That is the intended state for livestock, because there is no storing an animal while a bad market passes.

Head to market

436

419 sold, 96% by head

Sold against pace

96%

Pace target 95% by head.

Head with no floor

Unsold, with no endorsement and no forward contract.

On the table

$6,379

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

2026 calf crop Cow / Calf

436 calves at 5.25 cwt · 2,289 cwt total

On planMarketable now

On pace: 96% sold, market $71.47/cwt over break-even

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

Cost of gain

$159.24

$836 a head. Stated, Mar 25, 2026.

Market today

$230.71

Cow / Calf at the outlets this client uses.

Average sold

$226.52

+$67.29/cwt over cost on 419 head, so $150,607 banked.

Market over cost

+$71.47

$6,379 across the unsold head.

Sold against pace, by head96% of 95% target

By head rather than by pounds, which is what a producer means. 419 head is 98% of the weight, because the lots that went first were not average.

17 unsold142 sold, not shippedWindow Oct 25, 2026 to Dec 25, 2026

What is under the price

Index	Head	Coverage	Premium	Net floor	Against cost	Ends
Feeder Cattle	279	$223.97	$-9.95	$214.02	+$54.78	Oct 30, 2026 13 week endorsement

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 Stoll, 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
$228.81	105	+$69.57 $38,352	Sold	Aug 25, 2026 61 days ago	Hit
$239.19	87	+$79.95 $36,518	Sold	Oct 25, 2026 today	Hit
$246.53	97	+$87.29 $44,453	Sold	Dec 25, 2026 in 61 days	Hit
$254.49	91	+$95.25 $45,507	Sold	Feb 25, 2027 in 4 months	Hit

Lots sold

Date	Head	Weight	Price	Outlet
Aug 8, 2026	142	5.24 cwt	$233.97	Belleville Livestock Sales CashNot shipped
Jun 10, 2026	80	5.43 cwt	$228.00	Belleville Livestock Sales Cash
Apr 20, 2026	197	5.38 cwt	$220.69	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.