DENVER, Colo. – It is hard to believe there is a recession going on in the United States based on the prices paid at the purebred cattle sales at the National Western Stock Show.
The Angus bull sale held Jan. 15 saw 19 bulls average $13,015. The high seller went for $75,000 for a two-thirds interest, no possession deal to a two way partnership of American buyers.
To start the sale, a donation heifer was auctioned to raise money for the Angus Foundation, which supports junior events and scholarships. Since the program started in 1980, the auction has raised $1.2 million. This heifer, due to calve in September, sold to a two way partnership for $92,000.
Read Also
StatCan stands by its model-based crop forecast
Statistics Canada’s model-based production estimates are under scrutiny, but agency says it is confident in the results.
The Red Angus sale offered bulls, females and embryos Jan. 12. The high seller was a $14,750 bull with an average price of $5,013 paid for the eight lots. The average for the 21 heifers was $2,726.
The Hereford sale was held Jan. 16. The high seller, at $57,500, was for a half interest in a Texas born Hereford going to a consortium of seven American buyers.
Ian Harvie of Olds, Alta., sold a yearling bull for $5,100 over the internet. A Hereford female was sold for $50,000 on behalf of the Junior Hereford Foundation. The proceeds are donated to the juniors for education and scholarship funds.
The bulls at the Hereford event averaged $15,346 and the heifers averaged $13,058. The sale also offered a selection of embryos and flushes.
The Lowline sale offered five bulls that averaged $3,650. The high seller was a female sold to Darrell Gostaas of Edmonton. He also bought a female for $10,000 from Montana consignor, Muddy Creek Ranch.
