The grand champion old bull at the recent National Bison Association's Gold Trophy Show and Sale brought $5,750.
The grand champion female, a two-year-old bred heifer, sold for $2,900.
Overall prices were higher for two-year-old bulls, yearling bulls, futurity bulls, and three to four year-old bred cows, but lower in the heifer and calf categories. The average per-pound price of the sale of live animals was $1.45 per pound.
While the price of live animals was steady to lower, bidding on market animals was brisk, with final prices at record levels
"Sale results for breeding animals are understandable given the jitters being felt by many about the overall economy," says Dave Carter, NBA executive director. "The other thing we have going here is that the pendulum has swung from the industry seeking out and paying high prices for breeding animals to a more meat demand-based market."
Carter says he expects demand (and prices) for breeding animals will strengthen as the economy improves.
"Projections tell us the meat demand will continue to expand, which will also positively impact the prices of breeding animals," he said. "In the meantime, this year is an excellent time for producers to get into the bison business!"
Source: National Bison Association