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<blockquote data-quote="StrojanHerefords" data-source="post: 1828812" data-attributes="member: 42988"><p>The registered game is a rare case where increasing price, increases demand. The mainstream cattle are basically the same know yet the "elite outfits" get twice as much as the ma and pa ranches.</p><p></p><p>I once bid on a heifer that wasn't getting any bids, once I bid a couple other people started bidding. It turns out that somebody bought a heifer at $1,800 that they wouldn't bid on at $1,200. </p><p></p><p>I tried to bid on a pair once and the auctioneer didn't see my bid because he was too busy looking at the dummy bidders. That pair didn't end up selling that day.</p><p></p><p>I have seen sale reports where the high selling animals supposedly sell to a prominent ranch but never show up at their new home. Accurate price discovery and reporting is something that anybody in the cattle business should hold sacred.</p></blockquote><p></p>
[QUOTE="StrojanHerefords, post: 1828812, member: 42988"] The registered game is a rare case where increasing price, increases demand. The mainstream cattle are basically the same know yet the "elite outfits" get twice as much as the ma and pa ranches. I once bid on a heifer that wasn't getting any bids, once I bid a couple other people started bidding. It turns out that somebody bought a heifer at $1,800 that they wouldn't bid on at $1,200. I tried to bid on a pair once and the auctioneer didn't see my bid because he was too busy looking at the dummy bidders. That pair didn't end up selling that day. I have seen sale reports where the high selling animals supposedly sell to a prominent ranch but never show up at their new home. Accurate price discovery and reporting is something that anybody in the cattle business should hold sacred. [/QUOTE]
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