Setting prices on club calves.

[Dave]

I always wondered how people set their premiums.  Is there a formula? lol.

 

[cattleking]

well this is how it goes... when buying its high and selling its low... lol

 

[Dave]

well this is how it goes... when buying its high and selling its low... lol

WELL, now I know. thanks.

 

[shortyjock89]

I always wondered how people set their premiums.  Is there a formula? lol.

You take what people will give, and double or triple it haha.  But really there IS a little bit of an actual process to it.  We figure that a show quality calf is worth at least double market price, and those are just county fair type calves.  Our "average"  show calf will be priced at about $1500, state fair calves are usually $2000 and over.  

 

[cattleking]

yeah our calve sell from anywhere from 1 to 2K

 

[Cattledog]

well this is how it goes... when buying its high and selling its low... lol

LOL!  Boy isn't that the truth!

 

[Show Steaks]

Calves are worth what people are willing to pay in my eyes

 

[cattleking]

well you really have a point there set it too low youll have 20 offers, too high and you'll be lucky to get 1 offer!

 

[Jill]

At our house it is determined by how bad we want to show the calf, most prices are established by what I know I would have to pay to replace the calf.  If I want to keep and show it, we price it high and show it (until it normally does sell), we have had good luck doing it this way.

 

[RSC]

At our house it is determined by how bad we want to show the calf, most prices are established by what I know I would have to pay to replace the calf.  If I want to keep and show it, we price it high and show it (until it normally does sell), we have had good luck doing it this way.

Jill, it sounds like the going price is $1,500.  I'd give you that for the Radioactive Heifer? My oldest loved the picture of that heifer. LOL

Tony

 

[Jill]

If we end up selling her for that I'll let you know, stranger things have happened.