Dave
Well-known member
I have said before on CT before that I have a neighbor who has a pretty fair size herd of Waygu. Well right now he has about 200 British heifers that he is planning on breeding to Waygu bulls and selling in the fall as bred heifers with an F-1 Waygu calf on the way.
So we fast forward to this last week or two. Someone offered him about 30 running age Angus cows bred Waygu. They wanted $1,000. He said he didn't need them. They dropped the price to $850. By the time he got back to them to say he would have to look at them they consigned them to a stock cow sale. Well he bought them all at the auction. I don't think he paid over $800 a head for any of them. But the thing is no one bid against him. He bid once and never had to bid again. And the price he paid was about $500 less than those same cows would have sold for had they been bred to an Angus bull.
Now he is questioning breeding all those heifers to a Waygu. I pointed out to him that without the right connections to sell to those F-1 calves are a real loser. I could see the wheels turning but no answer or change to the plan at this point.
So we fast forward to this last week or two. Someone offered him about 30 running age Angus cows bred Waygu. They wanted $1,000. He said he didn't need them. They dropped the price to $850. By the time he got back to them to say he would have to look at them they consigned them to a stock cow sale. Well he bought them all at the auction. I don't think he paid over $800 a head for any of them. But the thing is no one bid against him. He bid once and never had to bid again. And the price he paid was about $500 less than those same cows would have sold for had they been bred to an Angus bull.
Now he is questioning breeding all those heifers to a Waygu. I pointed out to him that without the right connections to sell to those F-1 calves are a real loser. I could see the wheels turning but no answer or change to the plan at this point.
