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We need more Lower Tier Bulls
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<blockquote data-quote="elkwc" data-source="post: 1417141" data-attributes="member: 22295"><p>I will post from the buyers side with some of my thoughts. In my opinion of looking at bulls for the last 4 years of several breeds but mainly Herefords and Angus as that is what there are more of in my area. In my opinion there are already too many lower tier bulls around. Some aren't priced that way but they are quality wise. In fact many should of had the knife or band used on them at a young age. </p><p></p><p>I believe a PB breeder should make a profit. But in todays market it is hard for me to pencil in anything over $4,000 and make it work. Although I did offer 5 once last year for a very nice bull that brought 11 thousand a few weeks ago. And offered $4,500 for a couple and got turned down on both of them. Priced another last fall that was a fall yearling that the seller said he wouldn't take a dime less than $5,750. I was prepared to give up to $4,500 for him. He took around 3 thousand for him at a recent breed sale over 200 miles from his ranch. Had the same thing happen last year. Doesn't make sense to me and other commercial bull buyers that they will turn down more at home and then feed them several more months, haul them a distance, pay commision and take a lot less. What I've found with most herds but not all is that the top 10-25% of the bulls they have for sale are worth keeping as bulls the rest should of been sold at the sale barn as a steer. Just because they fed him for several months doesn't make him a bull worth using on cows. Likewise I've seen several bulls in sales away from here of reasonable quality bringing less than two. I hate to see quality bulls bringing those amounts as I'm afraid the good breeders will quit going to the trouble of saving and developing them. The current market here is flooded with bulls. We have decided to wait and see what the market does and also see how a bull gets along that was a little crippled. I feel we will be able to buy a bull later at a reasonable price if we need one. Hopefully this market will encourage the breeders to use the knife on those that should of been steers. In the period of high demand for bulls 2-3 years ago too many breeders didn't use the knife snd many started keeping and selling non registered bulls. Now they all have bulls in their pens. I'm sure many will end up being sold by the pound which is where most should of been sold.</p></blockquote><p></p>
[QUOTE="elkwc, post: 1417141, member: 22295"] I will post from the buyers side with some of my thoughts. In my opinion of looking at bulls for the last 4 years of several breeds but mainly Herefords and Angus as that is what there are more of in my area. In my opinion there are already too many lower tier bulls around. Some aren't priced that way but they are quality wise. In fact many should of had the knife or band used on them at a young age. I believe a PB breeder should make a profit. But in todays market it is hard for me to pencil in anything over $4,000 and make it work. Although I did offer 5 once last year for a very nice bull that brought 11 thousand a few weeks ago. And offered $4,500 for a couple and got turned down on both of them. Priced another last fall that was a fall yearling that the seller said he wouldn't take a dime less than $5,750. I was prepared to give up to $4,500 for him. He took around 3 thousand for him at a recent breed sale over 200 miles from his ranch. Had the same thing happen last year. Doesn't make sense to me and other commercial bull buyers that they will turn down more at home and then feed them several more months, haul them a distance, pay commision and take a lot less. What I've found with most herds but not all is that the top 10-25% of the bulls they have for sale are worth keeping as bulls the rest should of been sold at the sale barn as a steer. Just because they fed him for several months doesn't make him a bull worth using on cows. Likewise I've seen several bulls in sales away from here of reasonable quality bringing less than two. I hate to see quality bulls bringing those amounts as I'm afraid the good breeders will quit going to the trouble of saving and developing them. The current market here is flooded with bulls. We have decided to wait and see what the market does and also see how a bull gets along that was a little crippled. I feel we will be able to buy a bull later at a reasonable price if we need one. Hopefully this market will encourage the breeders to use the knife on those that should of been steers. In the period of high demand for bulls 2-3 years ago too many breeders didn't use the knife snd many started keeping and selling non registered bulls. Now they all have bulls in their pens. I'm sure many will end up being sold by the pound which is where most should of been sold. [/QUOTE]
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