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<blockquote data-quote="wbvs58" data-source="post: 1289546" data-attributes="member: 16453"><p>Over here some bigger producers are buying fewer bulls but the higher selling ones to put with their premium cow herd to produce their own herd bulls.</p><p>With the extreme high priced such as one that was sold for an Australian record Angus price of $150,000 just recently, a very nice bull, however I don't believe the buyers care how much they pay, in fact the more the better as long as it is a record as the massive press given to their purchase is a lot cheaper than if they had to pay for it and hence then justifying an exorbitant price for the semen and also his progeny will have an instant honeymoon period until he gets proven or not. I bet they do not put him in the Angus benchmarking program as he has too much to lose with his reputation.</p><p>Some of the syndicate also like to have their name associated with the purchase, an example was one member of the losing syndicate quickly jumped ship and bought into the winning syndicate. This fellow seems to have an unlimited advertising/promotion budget and the part ownership of this bull will not be lost in his PR programme so the money will be well spent.</p><p>The name of the bull has to be good, a top selling bull a couple of years ago quickly had his name changed to "Godfather" as his original name was a bit wishy washy I forget what it was but everyone remembers Godfather and it attracts people who don't know anything about the bull other than it was high priced and it had that name so must be good.</p><p>Ken</p></blockquote><p></p>
[QUOTE="wbvs58, post: 1289546, member: 16453"] Over here some bigger producers are buying fewer bulls but the higher selling ones to put with their premium cow herd to produce their own herd bulls. With the extreme high priced such as one that was sold for an Australian record Angus price of $150,000 just recently, a very nice bull, however I don't believe the buyers care how much they pay, in fact the more the better as long as it is a record as the massive press given to their purchase is a lot cheaper than if they had to pay for it and hence then justifying an exorbitant price for the semen and also his progeny will have an instant honeymoon period until he gets proven or not. I bet they do not put him in the Angus benchmarking program as he has too much to lose with his reputation. Some of the syndicate also like to have their name associated with the purchase, an example was one member of the losing syndicate quickly jumped ship and bought into the winning syndicate. This fellow seems to have an unlimited advertising/promotion budget and the part ownership of this bull will not be lost in his PR programme so the money will be well spent. The name of the bull has to be good, a top selling bull a couple of years ago quickly had his name changed to "Godfather" as his original name was a bit wishy washy I forget what it was but everyone remembers Godfather and it attracts people who don't know anything about the bull other than it was high priced and it had that name so must be good. Ken [/QUOTE]
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