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| Opportunity cost if the bull had been sold as a steer is $2600+ and then add in the registration, development feed cost, plus the ultrasound scan, breeding soundness exam and you are in it another $800. Then advertising cost and sale cost it is pretty easy to be $4000 per head just to break even. Developing a registered herd of cows takes years or a lot of money. What they're worth depends on the bids. Small increments in quality above a certain baseline seems to result in large differences in the final bid amount. | |
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