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What's a bull worth?
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<blockquote data-quote="BRG" data-source="post: 704676" data-attributes="member: 2397"><p>I wanted to stay out of this and probably should, but I guess I won't.</p><p></p><p>We sold a $10,500 bull to a commercial producer and another $9,000 bull to another. They both collected the bulls and one has AI'd to him 3 years in a row now while the other AI'd for 4 years in a row, plus they have used them to clean-up behind those same cows. So they saved the money of buying 2 other bulls to cover the cows they AI'd to and they saved the $ by using their own bull to AI to, instead of giving it to Select or some other AI company.</p><p></p><p>As far as a seedstock producer spending more than $2500 on a bull. I don't care what the bull costs, whether it is $2500 of $25,000. If he improves your program and then your customers, while paying for himself - he is then worth it. We own a bull that cost $30,000 and he actually turned out to be pretty cheap when you figure what he made us. So far we have around 30 daughters in our program, and have sold 25 bulls for an average of a little more than $4000. No Funny Money as you put it. Plus we have sold semen out of him as well.</p><p></p><p>In our program we have service that goes along with selling bulls, and we seem to get a premium for it. We help place our customers commercial calves into the hands of buyers. Nearly all of our customers get close to steer price for their heifers as we help locate the right buyers. Last Thursday we were at 2 different barns in 2 different states bidding on customers calves. This Thursday we will have a big day in Mobridge, SD and will be bidding on 1000 or more calves. To our customers it is worth a few hundred bucks more per bull to get our marketing on their calves. I don't want to sound rude or arrogant, but we have averaged over $3000 on our last 7 sales. So I guess their must be a few reasons to spend more than $2500 per bull.</p></blockquote><p></p>
[QUOTE="BRG, post: 704676, member: 2397"] I wanted to stay out of this and probably should, but I guess I won't. We sold a $10,500 bull to a commercial producer and another $9,000 bull to another. They both collected the bulls and one has AI'd to him 3 years in a row now while the other AI'd for 4 years in a row, plus they have used them to clean-up behind those same cows. So they saved the money of buying 2 other bulls to cover the cows they AI'd to and they saved the $ by using their own bull to AI to, instead of giving it to Select or some other AI company. As far as a seedstock producer spending more than $2500 on a bull. I don't care what the bull costs, whether it is $2500 of $25,000. If he improves your program and then your customers, while paying for himself - he is then worth it. We own a bull that cost $30,000 and he actually turned out to be pretty cheap when you figure what he made us. So far we have around 30 daughters in our program, and have sold 25 bulls for an average of a little more than $4000. No Funny Money as you put it. Plus we have sold semen out of him as well. In our program we have service that goes along with selling bulls, and we seem to get a premium for it. We help place our customers commercial calves into the hands of buyers. Nearly all of our customers get close to steer price for their heifers as we help locate the right buyers. Last Thursday we were at 2 different barns in 2 different states bidding on customers calves. This Thursday we will have a big day in Mobridge, SD and will be bidding on 1000 or more calves. To our customers it is worth a few hundred bucks more per bull to get our marketing on their calves. I don't want to sound rude or arrogant, but we have averaged over $3000 on our last 7 sales. So I guess their must be a few reasons to spend more than $2500 per bull. [/QUOTE]
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