afwdwfan
DIS Dad #460
- Joined
- Apr 23, 2010
- Messages
- 14,164
I used to show steers when I was in 4-H. Other kids in the club and other clubs that I talked to would pay upwards of $1000 for their calves. Once you figure in all the feed, vet care, etc, they could easily have $2000-$3000 or more invested in the animal. The Grand Champion at our county fair would usually sell in the neighborhood of $5-6000, but it dropped off sharply after that to $2500 range. So these kids (and their parents) would lose a good chunk of money every year. They were always surly and very serious about everything.
My brother and I would get to pick from any of the bull calves born on the farm, feed them out of the regular farm feed and pocket whatever money the animal brought at auction a pure profit. Guess who always have more fun at the fair?
One year, I actually had the Reserve Grand Champion Steer Carcass at the fair. You should have seen how PO'd all these guys that showed Angus and Herfords were that they lost to a Holstien!
(For you non-farmers, Angus and Herford are considered "beef" cattle. The produce higher quality meat, but you wouldn't want to milk them. Holstiens are "Dairy" cattle. High quality milk, but generally not good for beef.)
Yeah... that's exactly how things work at our fair too. Even the winners have more wrapped up in the steer than they get back. I just don't get it. At least this year, the steer that won was a locally bred and raised steer that was shown by the family that bred it. I always like seeing that happen.
You and your brother had the right idea for how to do it. Those are the ones that actually make money at the county fair auction and can still teach kids how the actual business side of things work...