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unique Cowboy Auction??
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<blockquote data-quote="KMacGinley" data-source="post: 439355" data-attributes="member: 3175"><p>Huh??? If I had my animals in an auction and the top bid was $1000, then I would sell it for $1000, to me that is an auction. If you came out to my place and I told you I wanted $2500 and you offered me $1000, I just might tell you to have a nice day.</p><p></p><p> Saw a guy try to sell a couple of pretty poor angus yearling bulls a couple of years ago at a state angus sale and they were going for $750. He stood up and pitched a fit, ended up taking them home I suppose. Haven't seen him at any sales since. I would have sold them for the $750 and taken my lumps and bred better cattle for the sale. </p><p></p><p> Auctions are about Price discovery. I fully understand the floor, I won't buy at an auction that has one.</p></blockquote><p></p>
[QUOTE="KMacGinley, post: 439355, member: 3175"] Huh??? If I had my animals in an auction and the top bid was $1000, then I would sell it for $1000, to me that is an auction. If you came out to my place and I told you I wanted $2500 and you offered me $1000, I just might tell you to have a nice day. Saw a guy try to sell a couple of pretty poor angus yearling bulls a couple of years ago at a state angus sale and they were going for $750. He stood up and pitched a fit, ended up taking them home I suppose. Haven't seen him at any sales since. I would have sold them for the $750 and taken my lumps and bred better cattle for the sale. Auctions are about Price discovery. I fully understand the floor, I won't buy at an auction that has one. [/QUOTE]
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