September 2009 Articles

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Bull Price Analysis

Bull Price Analysis The 2008 Cattle-Fax cow-calf survey revealed that the average price for breeding bulls purchased in 2007 was $2,634. Approximately 25 percent of respondents reported they paid an average of more than $3,000 for bulls purchased in 2007. Producers in the Northwest paid the highest average price at $2,812, with Southeastern producers reporting the lowest average price at $2,311. Average prices for the Southwest, Midwest and Southern Plains regions were $2,779, $2,731 and $2,620, respectively. Herds of less than 100 cows reported an average purchase price of $2,253, while herds with cow inventories between 1,000 and 2,500 head paid nearly $800 more per bull at an average of $3,045. This difference is likely a reflection of the value of genetics to producers whose overall farm income is more clearly dominated by the beef cattle enterprise. (SOURCE: Cattle-Fax Trends).