Old Cedar Farms

Alma Pruitt · Webster County, NE · Wes Tolliver · client since 2022

120k bu at 84% priced · 286 head at 97% sold

$998.9K under management

Self directedCosts from their booksLast spoke in 28 days1 critical2 other findings(785) 555-9168

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

286

276 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

$5,147

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

2026 calf crop Cow / Calf

286 calves at 5.56 cwt · 1,590 cwt total

On planMarketable now

On pace: 97% sold, market $92.58/cwt over break-even

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

Cost of gain

$138.13

$768 a head. From their books, Oct 25, 2026.

Market today

$230.71

Cow / Calf at the outlets this client uses.

Average sold

$236.21

+$98.08/cwt over cost on 276 head, so $151,864 banked.

Market over cost

+$92.58

$5,147 across the unsold head.

Sold against pace, by head97% of 95% target

By head rather than by pounds, which is what a producer means. 276 head is 97% of the weight, because the lots that went first were not average.

10 unsold4 restingWindow Oct 25, 2026 to Nov 25, 2026

What is under the price

Index	Head	Coverage	Premium	Net floor	Against cost	Ends
Feeder Cattle	155	$184.99	$-2.08	$182.91	+$44.78	Feb 5, 2027 21 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 Alma Pruitt, 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
$230.27	46	+$92.14 $23,566	Sold	Aug 25, 2026 61 days ago	Hit
$239.30	71	+$101.17 $39,938	Sold	Oct 25, 2026 today	Hit
$247.53	73	+$109.40 $44,403	Sold	Dec 25, 2026 in 61 days	Hit
$253.43	47	+$115.30 $30,130	Sold	Feb 25, 2027 in 4 months	Hit

Resting in the market

Head	Trigger	Away	Expires
4	$240.05	$9.34	Nov 8, 2026 14d

Lots sold

Date	Head	Weight	Price	Outlet
Aug 7, 2026	276	5.61 cwt	$236.21	Heartland Video Auction Cash

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.