Quantcast Cates and RC sale's

Vollborn & Call Online Sale - 9/24






Sponsors















Author Topic: Cates and RC sale's  (Read 2302 times)

Offline justintime

  • State Champion Poster
  • ******
  • Posts: 4227
  • Karma 300
  • HC Free Spirit 6Y
    • View Profile
    • Horseshoe Creek Farms Ltd.
Re: Cates and RC sale's
« Reply #15 on: September 08, 2017, 08:00:22 AM »

Just insane how who a bull is registered to impacts the value so greatly.   If Id have bought the bull (or even if the breeder retained him himself) and had him listed w/ Cattle visions or somebody for example, I'd have been lucky to sell 12 units, total,  yet in this sell 12 units bring nearly 9 grand !?///// WELCOME TO THE WORLD OF FREE TRADE-YOU REALLY DONT THINK THAT WAS ALL MONEY DO YOU???? O0

I will never figure out why many people do not believe anyone would spend a high dollar on breeding stock? Of course, there are many that are fake prices, but I do not think that is even a consideration with the Cates families, In the day, where a new JD chore tractor can cost more than $200,000, a new combine in excess of $800,000 or even a new truck can be in excess of $70,000, why would anyone think that a heifer selling in excess of $100,000 is excessive. The old saying that beauty is in the eye of the beholder comes to mind. There are lots of people who have lots of money. I remember meeting a man several years ago who had bought a heifer for $110,000 in a sale. In our conversation, he told me that he had a road construction business and had just got paid from the state for a major contract he had. He said he had met with his accountant and when he found out how much he was going to have to pay to the US government in tax, he decided that he would rather have his daughter have some fun showing a heifer than basically pay this money in tax.
Just recently, I was getting a oil change on my 2011 Ford F350. While I was waiting at the dealership, I saw a new truck that looked very similar to mine( other than it was newer). It was even the same color and had the same options. The window sticker showed the price to be $78890. To me, paying that much for a truck makes far less sense than buying a good heifer at that price!
I am reminded of when we sold our Bluebook bull for $32,000 in our sale in 2015. After the sale, I thanked a breeder who was the runner up bidder. He said " why are you thanking me? I never got the bull and I am now wishing I had not quit bidding". I said that I had never sold a bull for that much and it wouldn't have happened if he hadn't bid that high. He replied " my baler cost me $55,000. Why would you think the price of your bull was so high?"  A commercial man bid to $20,000 on this bull and he basically said the same thing. When I talked to him after the sale, he said that he had just sold 700 feeder calves at the highest average price/ head he had ever got. He said the cheque he got from the auction barn was just over $1 million.
Prices are all relative. It is about time we started to get paid for our cattle, especially the good ones. An old rancher neighbor put this in perspective a few years ago. He said in 1969 he bought his first new half ton truck and he had to sell 11 steer calves to pay for it. He said he had just purchased a new half ton truck and he would have to sell 64 calves at the same weight to pay for it. He said I don't think we are keeping up with everything else in our society.  Very true words.
Experience is what you get when you don't have it when you need it.

Close only counts in horseshoes, hand grenades, and bad breath!
Artificial intelligence is no match for natural stupidity
If love is blind... why is lingerie so popular?
The only thing worse than an idiot ... is an educated idiot!

Offline knabe

  • National Champion Poster
  • **********
  • Posts: 12354
  • Karma 346
  • it's a clock
    • View Profile
Re: Cates and RC sale's
« Reply #16 on: September 08, 2017, 08:07:42 AM »
didn't they pay $3750? or did they buy him after that sale?

Offline mark tenenbaum

  • State Champion Poster
  • ******
  • Posts: 4090
  • Karma 112
    • View Profile
Re: Cates and RC sale's
« Reply #17 on: September 08, 2017, 08:53:25 AM »
didn't they pay $3750? or did they buy him after that sale?/// Probably paid the $3750-it was a weak sale-Like alot of Shorthorn sales-And hes a commercially oriented bull-which THEY NEED RE the big BW Solutions etc they still get alot of money for-lets see how many of that bulls calves win against the Myrtle Bo-Augusta pride-ET-AL O0

Offline mark tenenbaum

  • State Champion Poster
  • ******
  • Posts: 4090
  • Karma 112
    • View Profile
Re: Cates and RC sale's
« Reply #18 on: September 08, 2017, 08:58:39 AM »

Just insane how who a bull is registered to impacts the value so greatly.   If Id have bought the bull (or even if the breeder retained him himself) and had him listed w/ Cattle visions or somebody for example, I'd have been lucky to sell 12 units, total,  yet in this sell 12 units bring nearly 9 grand !?///// WELCOME TO THE WORLD OF FREE TRADE-YOU REALLY DONT THINK THAT WAS ALL MONEY DO YOU???? O0

I will never figure out why many people do not believe anyone would spend a high dollar on breeding stock? Of course, there are many that are fake prices, but I do not think that is even a consideration with the Cates families, In the day, where a new JD chore tractor can cost more than $200,000, a new combine in excess of $800,000 or even a new truck can be in excess of $70,000, why would anyone think that a heifer selling in excess of $100,000 is excessive. The old saying that beauty is in the eye of the beholder comes to mind. There are lots of people who have lots of money. I remember meeting a man several years ago who had bought a heifer for $110,000 in a sale. In our conversation, he told me that he had a road construction business and had just got paid from the state for a major contract he had. He said he had met with his accountant and when he found out how much he was going to have to pay to the US government in tax, he decided that he would rather have his daughter have some fun showing a heifer than basically pay this money in tax.
Just recently, I was getting a oil change on my 2011 Ford F350. While I was waiting at the dealership, I saw a new truck that looked very similar to mine( other than it was newer). It was even the same color and had the same options. The window sticker showed the price to be $78890. To me, paying that much for a truck makes far less sense than buying a good heifer at that price!
I am reminded of when we sold our Bluebook bull for $32,000 in our sale in 2015. After the sale, I thanked a breeder who was the runner up bidder. He said " why are you thanking me? I never got the bull and I am now wishing I had not quit bidding". I said that I had never sold a bull for that much and it wouldn't have happened if he hadn't bid that high. He replied " my baler cost me $55,000. Why would you think the price of your bull was so high?"  A commercial man bid to $20,000 on this bull and he basically said the same thing. When I talked to him after the sale, he said that he had just sold 700 feeder calves at the highest average price/ head he had ever got. He said the cheque he got from the auction barn was just over $1 million.
Prices are all relative. It is about time we started to get paid for our cattle, especially the good ones. An old rancher neighbor put this in perspective a few years ago. He said in 1969 he bought his first new half ton truck and he had to sell 11 steer calves to pay for it. He said he had just purchased a new half ton truck and he would have to sell 64 calves at the same weight to pay for it. He said I don't think we are keeping up with everything else in our society.  Very true words./// MY THOUGHTS EXACTLY-ITS ABOUT TIME WE (the other breeders who are not in the echelon) GET PAID FAIR MONEY FOR GOOD CATTLE-ESPECIALLY ONES THAT ACTUALLY WORK IN THE FIELDS O0

Offline McHale75

  • Full Member
  • ***
  • Posts: 117
  • Karma 1
    • View Profile
Re: Cates and RC sale's
« Reply #19 on: September 14, 2017, 09:54:01 AM »
Would anyone have the results written on the sale order and be able to take a cell pic and post?  Would love to have the results for both sales.  Thank in advance!

 

Related Topics

  Subject / Started by Replies Last post
7 Replies
3008 Views
Last post July 24, 2008, 04:54:54 PM
by Malinda
Cates Sale.

Started by Doc « 1 2 » The Big Show

24 Replies
9747 Views
Last post September 03, 2013, 08:46:30 PM
by aj
3 Replies
2718 Views
Last post September 02, 2014, 11:26:44 PM
by shorthornsrule
8 Replies
3189 Views
Last post September 06, 2015, 05:21:53 PM
by Ditmars
4 Replies
1834 Views
Last post September 06, 2016, 08:34:37 PM
by Doc


Please Support our Premium Sponsors

Powered by EzPortal