jscunn said:
************* said:
jehosofat said:
So, you're calling bullsheit on his story?
It sounds like there was definitely a miscommunication on someone's part.
So who caused the "miscommunication" Kelly Schaff, or the people that do the catalog?
Have you ever seen either President or Rainfall in person?
What makes Presidents so much more valuable than Rainfalls?
Last one what is a President son worth from a outfit without a national reputation? ie Your place versus SAV?
It's not about one place versus another. We are not SAV, that is established, but we do have the Historic Angus Award in hand which only a few operations can claim. In fact, we could stand a chance of hitting the 100-year award, but I'm not sure many on CT will be around to troll us about that when it happens. We aren't competing against SAV. Don't get confused.
What's being discussed here is this, if a buyer is wanting an animal that can be traced back to President, but then finds out what they bought cannot be traced back via DNA to President, then that's a problem.
You may be fine with whatever, but I want what I want, NO substitutes! Period! If the wrong semen was shipped to me; I wouldn't say "well, ok, guess I'll just use this instead"
I've not seen either bull. Kelly Schaff cordially invited me to his operation to see them both, but I could not get away at the time. I greatly appreciated the invite.
I'm not sure what a President son is worth? Who knows? Mine are not ready for service yet. I'm going to use them for cleanup, so I probably won't even have them offered for a while anyway. I've already had a couple of people that want to buy them now, as is, but they aren't for sale. I've got more President daughters than sons right now, which was what I was ultimately breeding for, the sons are nice but the daughters are far more valuable to me. Since you want a number though, it would take above $10k or more to buy each one that I have, I wouldn't sell them for less, at least not anytime soon.
NEFarmWife would have you believe that there are President progeny everywhere. Everyone has a least 5-6 running around. The truth of the matter is this, as of today there are only 122 that are
DNA PARENTAGE PROVEN according to AAA. Let's assume half of those are females, so that leaves about 60 or so bulls, where the parentage is actually proven. When you look at how many Angus operations there are in existence and when you look at the entire cattle population of the United States, or globally, that number of President progeny is basically a rounding error.
Now let's look at AI, everyone on CT seems to be an expert, so this shouldn't be hard to grasp. You get a straw of President, you get a cow settled, then you wait for a little bit over 9 months, assuming the calf, a bull is born and is healthy, then you wait another 14-16 months for him to be service ready, assuming he can pass a BSE. Now assuming everything goes absolutely perfect, he's ready to use on someone's herd. We are looking at a minimum two year process to create that SPECIFIC animal for a buyer. Jeanne, I agree, there can be a chance for a dud, but most of the time, if you have really good dams, the duds should be limited. So back to what I was saying, two years of work so you can hand him off for $3k. What are you smoking folks? You are valuing your time and effort at almost NOTHING. I will have no problem selling registered grandsons of President for $3k all day long here in the Bluegrass, why would I let a son of President go for less than $10k, at least right now? When there are 2000 President sons DNA proven, they lose their scarcity premium and you move on to the next bull. If you don't understand what I said, you should read it a few times, or pick up an Economics textbook.
Another thing to consider, let's assume I take a President son and put him on 20 or so registered females, and assuming I get 10-15 sons. I could offer them out at $2k and still make plenty of profit. Think about it, you get a $2k bull that is a grandson of President, and because I test everything, it's actually what is being offered? That's a bargain. Suddenly little Pres junior is worth a bit more than what NEFarmWife or others would have you think.