Thought maybe we could have a discussion of selling yearlings vs. 2 year old bulls.
I sell bulls basically from 12 months to 16 months old. I usually start selling in April when most bulls are 13-14 months old and am almost always sold out by July or August.
I constantly have calls looking for older bulls (2 year olds). I'd love to sell 2 year old bulls but I just can not wrap my CPA mind around making the numbers work. What makes it really hard (at least in my neck of the woods) is that the people looking for 2's want to pay about what I am getting for 15 month old bulls.
How do you guys view this? Does anyone here sell 2s? How much "more" do you sell them for than yearlings, if any? What do you think is a fair price for a 2 year old bull (strictly to go on black cows as a commercial sire, not talking inflated registered numbers here)?
Just curious as I think the market for "bulk" sales is much greater on 2s. I had a call last night from a guy wanting to buy 6.
"Es mejòr murir en pie que vivir de rodilla." - Emiliano Zapata
Post by mrvictordomino on Jan 23, 2019 9:36:21 GMT -6
Glenn, sounds like you are doing a good job getting sold out buy mid summer with spring born yearlings...Best case scenario. The same goes here most of the time that folks want two year old's for the same price as yearlings. As far as pricing, since we fall calve, bulls are offered October 1st but we only sell about 25% in the fall. The remainder sell in the spring but if there are any left they are turned out on grass for relatively cheap cost of keeping. (with fall calving, bulls can turn two being wintered once. Spring two's would go through two winters) We have some demand for two's and they are priced a little higher than they were if purchased by May. If you are in the right area (I am not) age advantaged bulls do very well and definitely worth the extra time to develop. When I sold bulls in the NE sale it was very evident. If you are not in the market where cattlemen recognize the value of age advantaged bulls you are probably doing the best thing.
We sell mostly at least coming 2 yr. old bulls . Sell some bulls at 16 mos. on up to 25-27 mos. We calve late enough that we do not sell many yearlings. We do not push our bulls on feed and they run on 80-160 acres of grass. Our buyers like the condition they are in and the bulls usually do well in their new environment. We don't have too much trouble with them tearing up too much. Our biggest problem with that age bulls is to keep them from riding. Have had a couple of rounds of "ridinitus" this year that flat makes you wonder if you really want to be in the bull business.
There is no doubt that a 2 year old bull grown slowly is the best product for the purchaser and they all want them. The problem we all have is it costs more to develop a bull from weaning to that age than it did to make that weaned bull calf to start with. These old Missourians won't pay for it. In December we had a cow sale and Sutphin was making the rounds of Missouri cow sales. They brought a pot load of 2 year old bulls to ours. I didn't think much of the idea and had a little discussion with their representative just before their bulls started in the ring. I asked him how many bulls he thought they would sell. He seemed surprised and said all of them. I asked how much? He said at least $3000. I made him mad when I predicted they wouldn't sell 10 bulls and darn sure would be lucky to get $2000 on those. He lost interest in me, but it turned out I was right. I doubt they will be back.