I hear so many people say that many of the high selling animals are fake prices. I will agree that some aren't, but I truly think that many are real. I had occasion to talk with a man who purchased a heifer calf for $120,000 a few years ago. He told me his logic and to me, it made sense. He said that he had just completed two major road contracts for his state, and had just received payment of over $2 Million. He said this was going to create some major tax implications for his company and he just decided that rather than just pay all the tax and let the government decide where it should be spent, that his daughter was going to have some fun showing a good heifer. To him, the price did not matter. I think the point is that we do not know everyone's situation, and oftentimes, just because we would not pay that much for an animal, doesn't mean that no one else would. Personally, I don't think most cattle prices have kept up with other things we have to buy. I am often amused when I go to a sale and see a long line up of fancy trucks and trailers which combined would probably cost in excess of $75,000, yet most of these same people would struggle to buy an animal for more than $5000. I know which purchase is going to make you the most return!
Yeah those guys that bought her didn't have a clue. RIGHT!
