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<blockquote data-quote="Herefords.US" data-source="post: 572010" data-attributes="member: 3972"><p>I think there were several factors. I think it's been rather dry in that part of Canada and there was very little "local" support. Most people are selling cows because of the weather conditions and price of feed/hay. When you sell 1000+ head, some are going to sell too cheap, but there were plenty of solid cows that sold for less than $1500 each. I expect part of the reason it happened is that there were a number of "dumbbutts", like ME, that NEVER expected those cattle to sell for those prices, therefore didn't do the homework and make the prior financial arrangements necesssary - basically unprepared to take advantage of the bargains. I've actually been thinking of tuning in to their Angus sale -much more prepared - in case they have a similar result.</p><p></p><p>George</p></blockquote><p></p>
[QUOTE="Herefords.US, post: 572010, member: 3972"] I think there were several factors. I think it's been rather dry in that part of Canada and there was very little "local" support. Most people are selling cows because of the weather conditions and price of feed/hay. When you sell 1000+ head, some are going to sell too cheap, but there were plenty of solid cows that sold for less than $1500 each. I expect part of the reason it happened is that there were a number of "dumbbutts", like ME, that NEVER expected those cattle to sell for those prices, therefore didn't do the homework and make the prior financial arrangements necesssary - basically unprepared to take advantage of the bargains. I've actually been thinking of tuning in to their Angus sale -much more prepared - in case they have a similar result. George [/QUOTE]
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