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<blockquote data-quote="kilroy60" data-source="post: 1328247" data-attributes="member: 24568"><p>Been watching a few online cattle sales (angus) and even been to a couple this spring. With the prices that some of these cows sell for, I have a difficult time understanding the reasoning behind this. One half interest at $100K or even higher??? But what I don't get is looking at cow A from one sale and cow B from another. Both cows have almost identical EPD's but price is not close to same price. How could one be $5,000 and the other be $50,000 or higher?? I understand that a well known ranch versus an unknown ranch would mean a lot to the cost but if the EPD's are the same, shouldn't the cattle be the same? One seems to wonder if the rancher may have negotiated with a buyer to run the bid up on the cow and only have to pay the cost of the auctioner which I understand is 1% of the sale price??? Once you get past the first several lots of the sale offering, then all sale prices drop to a more affordable level. Just wondering your thoughts.</p></blockquote><p></p>
[QUOTE="kilroy60, post: 1328247, member: 24568"] Been watching a few online cattle sales (angus) and even been to a couple this spring. With the prices that some of these cows sell for, I have a difficult time understanding the reasoning behind this. One half interest at $100K or even higher??? But what I don't get is looking at cow A from one sale and cow B from another. Both cows have almost identical EPD's but price is not close to same price. How could one be $5,000 and the other be $50,000 or higher?? I understand that a well known ranch versus an unknown ranch would mean a lot to the cost but if the EPD's are the same, shouldn't the cattle be the same? One seems to wonder if the rancher may have negotiated with a buyer to run the bid up on the cow and only have to pay the cost of the auctioner which I understand is 1% of the sale price??? Once you get past the first several lots of the sale offering, then all sale prices drop to a more affordable level. Just wondering your thoughts. [/QUOTE]
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