Herefords bring premium at annual feeder calf sale
Buyers and sellers gathered for the largest offering yet at the annual Tennessee Hereford Marketing Program feeder calf sale Oct. 27, 2008. Ninety-six consignors sold 1,121 head of age-, source- and healthverified Hereford and Hereford-influenced calves in the program’s tenth year, earning sellers more than $29,000 in premiums.
According to a University of Tennessee analysis, the calves sold for $26 per head more than the average feeder calf in Tennessee that week. The Certified Hereford Beef (CHB) and Hereford Verified eligible calves sold from nine states—Kentucky, Indiana, West Virginia, South Carolina, North Carolina, Georgia, Alabama, Mississippi and Tennessee.
Leaders from the Tennessee Polled Hereford Association and Tennessee Horned Hereford Association have guided the Tennessee Hereford Marketing Program to achieve its goal of providing a marketplace where producers can sell small groups of Hereford calves at fair market price. That goal has long been surpassed, attracting repeat buyers, as now the group has created an outstanding market where consignors earn a premium for their calves.
The average number consigned was 12 head, with consignments ranging from one to 44 head. Also aiding the success of the sale was the demand for CHB. Buyers from two CHB-participating feedlots purchased more than 700 head of the cattle offered. —WLJ