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<blockquote data-quote="backhoeboogie" data-source="post: 602360" data-attributes="member: 3162"><p>Well then, your $1,000 price is what I am familiar with as a "floor price". What I have known as a floor price was a guaranteed price a third party was willing to pay, before the auction. </p><p></p><p>If you can sell a 2450 lb brangus bull as a packer bull for 68 cents a pound, why sell it for $1500 and lose? Packers prices were up all summer.</p></blockquote><p></p>
[QUOTE="backhoeboogie, post: 602360, member: 3162"] Well then, your $1,000 price is what I am familiar with as a "floor price". What I have known as a floor price was a guaranteed price a third party was willing to pay, before the auction. If you can sell a 2450 lb brangus bull as a packer bull for 68 cents a pound, why sell it for $1500 and lose? Packers prices were up all summer. [/QUOTE]
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