Not only has the price of bulls increased, but so has the bull’s impact on an operation’s bottom line.
Not surprisingly, bull prices – just like the rest of the industry’s pricing structure – are seeing a major increase . It wasn’t that many years ago that a $5,000 bull was considered to be a rare commodity. But, it appears that will be closer to an average bull than an elite bull this year. The higher prices and growing input prices aren’t only escalating the value of cattle but underscoring the growing differences in cattle’s value.
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