- Sep 6, 2008
yuppiecowboy said:6m, you probably have many examples of that occurring. I sure dont. I keep a pretty good pulse on the industry in the midwest and know personally a good many of the people who sell 20k and up animals on occasion, and I can tell you in my experience the picture you are painting does not accurately reflect their reality.
Im not saying it doesnt happen, I just dont agree that it is as common as you portray. I even have a known case that agrees with you completely. A very good friend sold a steer for 2500 to a fellow. Later that day someone else stopped in and offered him 5 grand. My friend got on the phone with the person who he made the deal with earlier asking if the guy would split it with him. The buyer couldnt, because he had sold the calf again before he left the driveway and the steer was on his 3rd "owner" in less than 24 hours with a sticker price of $12,500.
Trading happens, believe me I agree. And markup happens, believe me I agree. My experience tells me that the steers Stenberg, Bonham, Copus, Tracy are getting big tickets for DID NOT start out as 1500 dollar calves but on the rarest of occasions. One of the people I mentioned will not come look at a calf unless the breeder is asking over 10k for it, otherwise he figures it wouldnt be good enough to waste his time.