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Inconsistent Bred Cow Auction Prices ?
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<blockquote data-quote="Texas PaPaw" data-source="post: 1204803" data-attributes="member: 2905"><p>Around here, most of the special replacement cow sales are what I call "mad money magnets". Seems the majority of buyers at the specials have been to few if any other sales recently and come with the intent to buy X amount of cows. When a group of cows they like comes in the ring they will bid them to quite high prices before letting someone else buy them. Unless there is a very large number of cows, the cows usually run out before the money does, so most cows sell at premium prices. Have seen a few very large (3000+ cows) replacement sales where the money ran out before the cows and in the later part of the sale there were actually some good buys. At most of the more moderate size sales, cows brought premium prices until the end. At the regular weekly sales, it can greatly depend upon what buyers are present that particular day. Due to our areas drought reduced cow numbers, for most of the past year it seems there is a different crop of "mad money buyers" at every weekly sale trying to cash in on high calf prices by buying bred cows and pairs but prices are still not as insane as at the special sales.</p></blockquote><p></p>
[QUOTE="Texas PaPaw, post: 1204803, member: 2905"] Around here, most of the special replacement cow sales are what I call "mad money magnets". Seems the majority of buyers at the specials have been to few if any other sales recently and come with the intent to buy X amount of cows. When a group of cows they like comes in the ring they will bid them to quite high prices before letting someone else buy them. Unless there is a very large number of cows, the cows usually run out before the money does, so most cows sell at premium prices. Have seen a few very large (3000+ cows) replacement sales where the money ran out before the cows and in the later part of the sale there were actually some good buys. At most of the more moderate size sales, cows brought premium prices until the end. At the regular weekly sales, it can greatly depend upon what buyers are present that particular day. Due to our areas drought reduced cow numbers, for most of the past year it seems there is a different crop of "mad money buyers" at every weekly sale trying to cash in on high calf prices by buying bred cows and pairs but prices are still not as insane as at the special sales. [/QUOTE]
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Inconsistent Bred Cow Auction Prices ?
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