Cates and RC sale's

[HVF]

Anyone have any info? Thanks

 

[Doc]

Cates high sellers :
1 - $45K
2c - $40k
7 - $160k
9 - $77,500
13a - $29k
34 - $28k
11a - $26k
16b - $25k
2b - $24k
16a - $23k
10 - $21k
Angus
54 - $31k
53 - $19,500
51 - $19,500
55 - $14,500

 

[shortybreeder]

Doc, did you catch the Boardwalk semen prices?

 

[Weezie]

Boardwalk was $1000 a unit for sexed semen. Conventional sold for $550 and $500 a unit I believe.

 

[mark tenenbaum]

Probably a good percentage of what Cates paid for him O0

 

[oakbar]

What did 3B (SULL Blue X 119)bring?

 

[knabe]

Probably a good percentage of what Cates paid for him O0

didn't he pay 3750?


http://auctions.thewendtgroup.com/cgi-bin/mnarclist.cgi?wendtcattle/20160309/category/BULL


I see leveldale still lists sjcc American muscle.

 

[Doc]

What did 3B (SULL Blue X 119)bring?

$7k

 

[shortii]

Anybody have results from RC's sale?

 

[mark tenenbaum]

Probably a good percentage of what Cates paid for him O0

didn't he pay 3750?//// If the semen brought $4-5000 or even $3000 that would be a pretty good chunk of $3750-if it was all money O0


http://auctions.thewendtgroup.com/cgi-bin/mnarclist.cgi?wendtcattle/20160309/category/BULL


I see leveldale still lists sjcc American muscle.

 

[Weezie]

The Boardwalk semen grossed $9150. Not bad for 6 sexed units and 6 conventional units.

 

[RyanChandler]

Just insane how who a bull is registered to impacts the value so greatly.  If Id have bought the bull (or even if the breeder retained him himself) and had him listed w/ Cattle visions or somebody for example, I'd have been lucky to sell 12 units, total,  yet in this sell 12 units bring nearly 9 grand !?

 

[mark tenenbaum]

Just insane how who a bull is registered to impacts the value so greatly.  If Id have bought the bull (or even if the breeder retained him himself) and had him listed w/ Cattle visions or somebody for example, I'd have been lucky to sell 12 units, total,  yet in this sell 12 units bring nearly 9 grand !?///// WELCOME TO THE WORLD OF FREE TRADE-YOU REALLY DONT THINK THAT WAS ALL MONEY DO YOU???? O0

 

[Doc]

Just insane how who a bull is registered to impacts the value so greatly.  If Id have bought the bull (or even if the breeder retained him himself) and had him listed w/ Cattle visions or somebody for example, I'd have been lucky to sell 12 units, total,  yet in this sell 12 units bring nearly 9 grand !?///// WELCOME TO THE WORLD OF FREE TRADE-YOU REALLY DONT THINK THAT WAS ALL MONEY DO YOU???? O0

That is correct Mark, World of Free Trade !! You can buy it or you can pass. Lot of people want to buy it and ride on the coat tails of Cate's success and use the same genetics and try to see some of the same results. They won't ever see that $160k hfr, but they can get some good cattle. But as far as that semen goes, I would that yes that was all real money. Kudos to them. They raise cattle that people buy for good money and they have good success doing it. They also support several families doing it.

 

[mark tenenbaum]

I think a large number of very high dollar or middleling hi (8-12000) cattle have gone on to lose money for their owners in alot of breeds.ESPECIALLY SHORTHORNS. Ditto for jumping all over an unproven bull for crazy money-Seen it for years.So most of the genetics in the "upper echelon" only are available through breeding shares or progeny purchase.On occasion I have seen some of the progeny here and there Cates purchased and put in their sale-they were generally a pretty good buy relatively speaking but couldnt have (DIDNT) cost much. They have sold enough of those big time cattle that if someone wanted to get those genetics they ought to be able to buy from the people who bought from Cates -or have very "valuable" genetics"etc-like second tier breeders such as-Ripberger,Meyer,Waymar-Rod,etc. Arsulu Tonic was an example of a very good bull bought for next to nothing "because it will bring so much business for your program etc.". Bakenhus was one of the best programs in the breed:and their cattle were WAY worth the money- but diversified out for some reason or another. Actually-the highest quality cattle for the money all things being equal are at Sullivans JMO-there always seem to be  instances when less than $5000 will buy one that could produce an animal that will stand in the top 3 or 5 at the National deals. And the upper echelons of cattle are a pretty tight gene pool-basically Cates, Sullivan, and WHR So I guess free trade really connotes to economically unfeasible for 90% of the "owners": unless corn is crazy high. O0 O0 O0

 

[justintime]

Just insane how who a bull is registered to impacts the value so greatly.  If Id have bought the bull (or even if the breeder retained him himself) and had him listed w/ Cattle visions or somebody for example, I'd have been lucky to sell 12 units, total,  yet in this sell 12 units bring nearly 9 grand !?///// WELCOME TO THE WORLD OF FREE TRADE-YOU REALLY DONT THINK THAT WAS ALL MONEY DO YOU???? O0

I will never figure out why many people do not believe anyone would spend a high dollar on breeding stock? Of course, there are many that are fake prices, but I do not think that is even a consideration with the Cates families, In the day, where a new JD chore tractor can cost more than $200,000, a new combine in excess of $800,000 or even a new truck can be in excess of $70,000, why would anyone think that a heifer selling in excess of $100,000 is excessive. The old saying that beauty is in the eye of the beholder comes to mind. There are lots of people who have lots of money. I remember meeting a man several years ago who had bought a heifer for $110,000 in a sale. In our conversation, he told me that he had a road construction business and had just got paid from the state for a major contract he had. He said he had met with his accountant and when he found out how much he was going to have to pay to the US government in tax, he decided that he would rather have his daughter have some fun showing a heifer than basically pay this money in tax.
Just recently, I was getting a oil change on my 2011 Ford F350. While I was waiting at the dealership, I saw a new truck that looked very similar to mine( other than it was newer). It was even the same color and had the same options. The window sticker showed the price to be $78890. To me, paying that much for a truck makes far less sense than buying a good heifer at that price!
I am reminded of when we sold our Bluebook bull for $32,000 in our sale in 2015. After the sale, I thanked a breeder who was the runner up bidder. He said " why are you thanking me? I never got the bull and I am now wishing I had not quit bidding". I said that I had never sold a bull for that much and it wouldn't have happened if he hadn't bid that high. He replied " my baler cost me $55,000. Why would you think the price of your bull was so high?"  A commercial man bid to $20,000 on this bull and he basically said the same thing. When I talked to him after the sale, he said that he had just sold 700 feeder calves at the highest average price/ head he had ever got. He said the cheque he got from the auction barn was just over $1 million.
Prices are all relative. It is about time we started to get paid for our cattle, especially the good ones. An old rancher neighbor put this in perspective a few years ago. He said in 1969 he bought his first new half ton truck and he had to sell 11 steer calves to pay for it. He said he had just purchased a new half ton truck and he would have to sell 64 calves at the same weight to pay for it. He said I don't think we are keeping up with everything else in our society.  Very true words.

 

[knabe]

didn't they pay $3750? or did they buy him after that sale?

 

[mark tenenbaum]

didn't they pay $3750? or did they buy him after that sale?/// Probably paid the $3750-it was a weak sale-Like alot of Shorthorn sales-And hes a commercially oriented bull-which THEY NEED RE the big BW Solutions etc they still get alot of money for-lets see how many of that bulls calves win against the Myrtle Bo-Augusta pride-ET-AL O0

 

[mark tenenbaum]

Just insane how who a bull is registered to impacts the value so greatly.  If Id have bought the bull (or even if the breeder retained him himself) and had him listed w/ Cattle visions or somebody for example, I'd have been lucky to sell 12 units, total,  yet in this sell 12 units bring nearly 9 grand !?///// WELCOME TO THE WORLD OF FREE TRADE-YOU REALLY DONT THINK THAT WAS ALL MONEY DO YOU???? O0

I will never figure out why many people do not believe anyone would spend a high dollar on breeding stock? Of course, there are many that are fake prices, but I do not think that is even a consideration with the Cates families, In the day, where a new JD chore tractor can cost more than $200,000, a new combine in excess of $800,000 or even a new truck can be in excess of $70,000, why would anyone think that a heifer selling in excess of $100,000 is excessive. The old saying that beauty is in the eye of the beholder comes to mind. There are lots of people who have lots of money. I remember meeting a man several years ago who had bought a heifer for $110,000 in a sale. In our conversation, he told me that he had a road construction business and had just got paid from the state for a major contract he had. He said he had met with his accountant and when he found out how much he was going to have to pay to the US government in tax, he decided that he would rather have his daughter have some fun showing a heifer than basically pay this money in tax.
Just recently, I was getting a oil change on my 2011 Ford F350. While I was waiting at the dealership, I saw a new truck that looked very similar to mine( other than it was newer). It was even the same color and had the same options. The window sticker showed the price to be $78890. To me, paying that much for a truck makes far less sense than buying a good heifer at that price!
I am reminded of when we sold our Bluebook bull for $32,000 in our sale in 2015. After the sale, I thanked a breeder who was the runner up bidder. He said " why are you thanking me? I never got the bull and I am now wishing I had not quit bidding". I said that I had never sold a bull for that much and it wouldn't have happened if he hadn't bid that high. He replied " my baler cost me $55,000. Why would you think the price of your bull was so high?"  A commercial man bid to $20,000 on this bull and he basically said the same thing. When I talked to him after the sale, he said that he had just sold 700 feeder calves at the highest average price/ head he had ever got. He said the cheque he got from the auction barn was just over $1 million.
Prices are all relative. It is about time we started to get paid for our cattle, especially the good ones. An old rancher neighbor put this in perspective a few years ago. He said in 1969 he bought his first new half ton truck and he had to sell 11 steer calves to pay for it. He said he had just purchased a new half ton truck and he would have to sell 64 calves at the same weight to pay for it. He said I don't think we are keeping up with everything else in our society.  Very true words./// MY THOUGHTS EXACTLY-ITS ABOUT TIME WE (the other breeders who are not in the echelon) GET PAID FAIR MONEY FOR GOOD CATTLE-ESPECIALLY ONES THAT ACTUALLY WORK IN THE FIELDS O0

 

[McHale75]

Would anyone have the results written on the sale order and be able to take a cell pic and post?  Would love to have the results for both sales.  Thank in advance!