With the way futures look for cattle through 2017 anybody pays that kind of prices, the cattle business is a hobby to them. All I can say is when they sell they will have a good tax write off on the loses side. I wish I had a neighbor that would buy one of the bulls and cows, so I can buy the calf in a year or two for $1.25. :lol2:Oldtimer":2njcbnac said:Stevensons Diamond Dot Angus Sale Report
Hobson, Montana
Auctioneer: Joe Goggins & Roger Jacobs
73 Older Bulls averaged $7,092
17 Yearling Bulls averaged $10,823
230 Bull Calves averaged $6,948
3 Open Heifers averaged $5,500
60 Bred Heifers averaged $4,510
35 Bred Cows averaged $3,530
http://www.billpelton.com/salereport.php?saleid=916
Watched parts of this on Superior... While I was watching the commercial bred heifers/cows were going for around $2500...
Live Cattle Futures Quotes
http://www.cmegroup.com/trading/agricul ... attle.html