what do you guys get for consigned animals?

Was wondering what you get % wise for animals that you sell for people, ie they are broke and ready to go, all you guys would do is clip, market, and house from now until they are sold. We have 2 steers we were going to consign to another local jockey and was told 30% which i thought was very steep... If you do this type of deal and could get back to me that would be great

Thanks rcc

That's a good deal. Some are 50%. If he gets traffic through I would take it. If you think it is easy keep the steers and try selling them and see how you get along.

30% is not at all uncommon these days.  Like frostback said, 50% isn't unheard of. 

These are our first 2 calves so we for sure don't have the market. This guy does get lots of traffic so it may be worth it. I'm going to purchase a donor quality cow from him after these get sold so he said we could work out a deal. We're hoping to get 5k out of these 2 steers.. They're broke to lead, papered maintainers, and both have 2 inches of hair on them. For working out a deal, would 15% plus 30 days of feed costs sound realistic? We will be putting down an extra 5k or so on top of what these 2 steers get for one of his cows.

30% is pretty common for commission. I am in that boat. Look at a couple things. Would you ever get that type of money selling them the way that seller does. Another alot of times your not stuck with feed or hours put into them for the sale and I think is a big one it isn't your responsibility to follow or help clip those calves. For me that 30% seems pretty reasonable but everyone is different. Good luck!

If you think the trader can add value to the sale of these calves, it's well worth it.  If not, then you have to evaluate it from a some different angles, such as: do you want to follow the calf and help clip/fit it every show weekend, or do you just want to be listed as the breeder of the calf?  Do you want to get every phone call, good and bad, about the calf, or would you rather have someone else that has to deal with that?  If the calf turns out to be a pretty good one, do you think you will be able to get the same kind of exposure  as if it were in a jocks hands? 

30% doesn't sound too bad to me, especially considering that just bringing an animal to a consignment sale such as a beef expo or Holiday Classic can cost you 15% in commission with you putting in the majority of the work.

What I have done lately is sell outright to a trader at a lower price then if they get more than a certain price for the calf you split it 50/50. They are making money but you also don't have to assume risk. Hopefully the trader will also mention your name as the breeder when showing off your calf. It's free promotion.

obie105 said:

What I have done lately is sell outright to a trader at a lower price then if they get more than a certain price for the calf you split it 50/50. They are making money but you also don't have to assume risk. Hopefully the trader will also mention your name as the breeder when showing off your calf. It's free promotion.

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This is what my friends are telling me that they prefer over taking "consignments".  They would rather just buy the calves and have it done and over with.

I realize that your situation is a little bit different in that you are going to apply your proceeds toward a donor cow, so that is probably not going to work for you this time.

The biggest problem that you can run into with consigning cattle......what if a calf dies?  What if one gets hurt and never comes out of it?  What if, what if, what if?  There are a lot of details that have to be worked out in advance, and those details can put a great deal of stress on a business relationship.  As obie says...there is a lot of risk.

As far as the 30%, it is really pretty standard.