Archive for Sunday, August 11, 1991

ACTIVITIES

August 11, 1991

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The 1991 Douglas County Free Fair ended Saturday night with the annual 4-H/Future Farmers of America livestock auction sale.

This year's sale totaled $79,384.

Before the auction each year, an agricultural committee looks at each head of livestock to be sold at the auction and determines a base bidding price for each.

The base price reflects a fair market price minus such costs as transportation and handling of the animal.

However, bidders are willing to pay far above the base bidding price to purchase the animals judged grand or reserve champion at the fair. The amount for which the animal sells above the base bid is called a premium and is used by the 4-H member typically to pay for raising another animal next year or for his or her education expenses.

THE 1991 auction, which had 135 entries and lasted about three hours, had a base sales total of $45,414 and a premium sales total of $33,970.

The grand champion market steer, which was owned by Justin Van Winkle, Rt. 1, Lecompton, weighed 1,210 pounds and sold for $2,350. The steer was purchased by Sallie Mae with a premium bid of $1,600. The premium amount was $1,600.

The reserve champion market steer, owned by Wylie Taul, Baldwin, was not sold.

The grand champion market lamb, owned by Melody Newland, of rural Wellsville, weighed 110 pounds. It received a base bid of 50 cents per pound and was purchased by Farmland Industries, with a sale bid of $325. The premium amount was $325 and the sale total was $380.

The reserve champion market lamb, owned by Ruth Pohl, rural Baldwin, weighed 133 pounds. It received a base bid of 49 cents per pound and was purchased by the Baldwin Junction Veterinary Clinic with a sale bid of $350. The premium amount was $350 and the sale total was $415.17.

THE GRAND champion market barrow, owned by Betsy Madl, rural Wellsville, weighed 255 pounds. It received a base bid of 51 cents per pound and was purchased by Tammy Szymula with a sale bid of $800. The premium amount was $800 and the total sale was $930.05.

The reserve champion market barrow, owned by Matt Milburn, rural Baldwin, weighed 246 pounds. It received a base bid of 51 cents per pound and was purchased by Raymond Flory with a sale bid of $350. The premium amount was $350 and the total sale was $475.46.

Fifty-six head of market steers, weighing a total of 65,940 pounds, had an average base bid of 59 cents and brought a base total of $38,989.40. The average sale bid was $286.79 and the sale total was $55,049.40. The premium paid on the 56 head of steers was $16,060.

There were 46 market lambs sold, weighing a total of 5,197 pounds and had an average base bid of 46 cents per pound. They brought a base total of $2,417.41. The average sale bid was $215.87 and the sale total was $12,347.41. The premium paid on the 46 head were $9,930.

There were 33 market barrows sold, weighing a total of 7,858 pounds and having an average base bid of 51 cents. They brought a base total of $4,007.58. The average sale bid was $241.82 and the sale total was $11,987.58. The premium paid on the 33 head was $7,980.

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