Cates Star Search Sale results??

trevorgreycattleco said:

62,000 for another trump on a trump. MY GOD. Each year I say it can't happen again, yet it does. Who bought him this year? Ah hell who cares, I aint using him.

62,000.  (argue) And people say there is no groundhog day in the shorthorn world.

Good for them I guess. I'm just jealous. I could use 62,000

Doing the same thing over and over and hoping for a different outcome is the definition of insanity. I hope the judges keep picking that type for their winners. That will help.

Let my beating begin..........................................

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justintime said:

trevorgreycattleco said:

62,000 for another trump on a trump. MY GOD. Each year I say it can't happen again, yet it does. Who bought him this year? Ah hell who cares, I aint using him.

62,000.  (argue) And people say there is no groundhog day in the shorthorn world.

Good for them I guess. I'm just jealous. I could use 62,000

Doing the same thing over and over and hoping for a different outcome is the definition of insanity. I hope the judges keep picking that type for their winners. That will help.

Let my beating begin..........................................

Click to expand...

Maybe I am not seeing things straight, but when I look at the prices of everything I need to run this place, I am thinking there needs to be more prices like this. My neighbor just purchased a new Chev truck... for $68,000. Yes, it has a bunch of toys on it, but the fact still remains that he will pay far more than $68000 by the time it is paid for. Machinery prices are beyond stupid. In 1974, I purchased a new 3/4 ton 4X4 and a new 20 ft gooseneck trailer. I remember very well, driving home and the thought hit me, that I had $7800 tied up in the truck and trailer. That same year we had a production sale and averaged over $1800 on 56 lots.What would I have to average now to have the same dollars to work with as I did then" There are breeders today who think $1800 is a pretty good price for an animal. I am just saying that we as producers, should be trying to improve our prices, just so we can survive. Is it any wonder, that there is very few left in the industry who can keep cows without a full time job on the side?

My main business is the cattle business, so I consider my herd bulls the same way a grain farmer looks at his machinery or his input costs. Lots of grain farmers in this area have invested over $1 million in inputs just in seeding a crop. So what should a good herd bull be worth, if he is going to be the main source of improvement in your herd? I would say it would be far less than $1 million, but it should be far more than the $1800 - 2000 some breeders think is all they can spend on a superior herd bull.

I am like you, in that I could use a few sales at $62,000. To me, it sounds like a pile of money, but when I look around at everything else, it doesn't seem to be as  big a pile. When I look back at sale reports from the past, it becomes very evident that most of them were much better than sales today, when you consider the buying power they produced.


I have not heard who purchased the $62,000 bull, but I expect it was a group of breeders. If that is the case, it really isn't much money each, and is probably a pretty good investment. I know of bulls that have sold over $60,000 in semen sales in a breeding season. There aren't many, but the popular ones do it pretty quickly.
As far as being a double Trump, that may not be what you or I want to use in our herds, but I would expect that if your business revolves around producing some fancy show heifers, and some prospect steers, then it is probably a good choice. There is always a reason some cattle are salable at good prices. It is not only smoke and mirrors, although some of this occurs.  I would suggest that many of these prices are legit.

I would like to congratulate everyone who has had good sales so far, and wish the buyers great success with their purchases. I would far rather see sales results like this, that give a person some optimism rather than poor sale results that make a person wonder if they should book a dispersal sale. Good sales in any breed, filter down through the industry, and everyone benefits at some point in time.

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