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2002
Year-End Sales Analysis
February 2003
Despite the hurdles—low
milk prices, high feed prices, Mother Nature and a struggling
economy—2002 was a lucrative year for the breeders and owners of
Registered Jerseys.
A Year of Benchmarks
AJCA Registrations
were record as the fourth highest in history at 72,507; cows
enrolled on performance programs of the AJCA accounted for an
all-time high at 109,608; and 60,762 cows were appraised also making
it a record-breaking category.
All things
considered, it should come as no surprise that the 40 sales reported
by Jersey Journal totaled 3,008 animals selling for an
average price of $1,717.34, grossing $5,165,750.00, and making 2002
the third highest averaging sale year in history.
Sales included in
this summary were those held in the U.S.and submitted to the Jersey
Journal as of January 1, 2003. Only sales reported with complete
catalogs marked with buyers and prices for all animals are included
in the Journal’s annual auction summary. Sales held in
Canada with consignments from or purchased by U.S. residents are
reported throughout the year by the Journal, however, because
if the monetary exchange rate differential, these sales are not
included in the year-end analysis.
|
2002 Auction
Sale Summary |
| Number
|
|
Avg.
price |
Total
Value |
| 631 |
Cows, two years
and over |
$1,992.71
|
$1,257,400 |
| 5 |
calves, under 3
mos., sold with dam |
1,185.00
|
5,925 |
| 1,390
|
Bred heifers |
1,663.24
|
2,311,900 |
| 255
|
Open Yearlings |
1,533.04
|
390,925 |
| 497
|
Heifer calves |
1,540.09
|
765,425 |
| 10 |
Bulls |
8,480.00
|
84,800 |
| 118
|
Embryos or flush
packages |
1,221.19
|
144,100 |
| 14 |
Rights to flush |
1,382.14
|
19,350 |
| 37 |
Choice of calves
|
2,741.89 |
101,450 |
| 4 |
J1-identified
bred heifers |
1,312.50 |
5,250 |
| 21 |
OA-identified
cows, two years and over |
1,696.43
|
35,625 |
| 28 |
OA-identified
bred heifers |
1,468.75 |
41,125 |
| 1 |
OA-identified
open yearling |
800.00 |
800 |
| 2 |
OA-identified
heifer calves |
837.50
|
1,675 |
|
|
3,008 |
Lots |
$1,717.34 |
$5,165,750 |
Changing Times
Since the
implementation of Federal Order Multiple Component Pricing starting
in 1988, the color of the U.S. dairy industry has changed to shades
of brown. Component pricing lead to breed and herd expansion, which
continues to play a key role in moving Registered Jerseys. Over the
past 15 years, the changing shade of the industry has brought in
shades of green for owners of Registered, performance-evaluated
Jerseys.
Expanding herd owners
have demanded quality large volume purchases through
"one-stop-shopping" at public auctions. According to Neal
Smith, AJCA Executive Secretary and CEO, the volume sales have
"increased the efficiency for the buyer and the opportunities
for the seller."
Volume sales are
proving to offer something for everyone. Buyers can go to one
location, purchase a truckload of list-topping progeny, milk wagons
ready to work or even a showring hopeful. And to entice sellers,
volume commission incentives put more dollars direct in their
pocket.
Jersey Journal
defines a volume purchase as 10 lots or more from a single sale to
any single buyer. Last year, 12 of the sales reported include one or
more volume buyers. Those buyers walked away satisfied and ready to
return to Registered Jersey sales with a total of 1,515 lots for a
$1,440.97 average accounting for the volume purchases of 2002. Times
are changing and so too are the methods of public auction.
Top Sales
The 50th All
American Jersey Sale proved to be an unbeatable force, as it
stood up to less than ideal conditions, including tornadoes, and
still finished as the top sale of the year. The average of $4,560.96
on 73 lots was propelled by seven of the Top 10 sellers in 2002
walking the All American runway in Louisville, Ky., on November 10.
With an average of
$3,506.45 on 62 lots, the National Heifer Sale ranked second.
The sale held on June 22 was the second highest in the series
following closely to the sale in Charleston, S.C., two years prior.
Proving that there
was something for everyone and everyone wanted something, the Pride
of the West Sale finished third on the list. On May 17, in
Tillamook, Ore., 40 lots passed through the ring, leading to an
average of $3,066.88. The high seller was eighth for the year—Bi-My
Freedom Cammy Cavalier—a male, purchased by the Cammy Cavalier
syndicate for $11,400.
Ranking fourth in
2002 was the Kentucky National Sale held on March 30 in
Louisville, Ky. A total of 75 lots averaged $2,685.33 to bring the
40th anniversary sale into the final line up for the year. Two
consignments from the sale are included in the Top 15 high sellers
of 2002.
Coming in fifth, with
a $2,536.76 average, was the Pot O’Gold Sale held November
9, during the All American weekend in Louisville, Ky. Thirty-four
heifers sold in the largest-volume, single-location sale in the
history of the Pot O’Gold production contest to XX spirited young
Jersey enthusiasts.
The Meri-Acres
Complete Dispersal averaged $2,491.07 on 28 lots, placing it as
the sixth highest averaging sale of 2002. In its prime, the herd
ranked seventh in the nation for milk and protein and was home to
the legendary—1986 National Grand Champion and the first Jersey to
surpass 300,000 lbs. milk lifetime—Maplerow Mercury Aron-PTL-P,
Excellent-96%. The sale was held in Albion, N.Y., on May 23.
Averaging $2,390.96
on 94 lots, the third Bush River and Treasure Chest Combination
Sale made its way onto the list of top sales as well as making
it the highest averaging sale in the series. The high seller, Soon
Cent Sky, was also the third high seller for the year. Quality
consignments crossed the auction block on Labor Day, September 2 in
Newberry, S.C., celebrating 30 years of Bush River.
The Ohio Jersey
Spring Classic Sale ranked eighth on the list of sales in 2002.
Offspring from various show-winners across the United States and
Canada led the 84 lots to an average of $2,290.18 on May 27 in
Wooster, Ohio.
Not to be left out,
the All American Silent Auction also found its way into the
list of Top 10 sales in 2002 to join the other sales from the All
American weekend in Louisville. The 19 lots comprised of 12 choices
and seven embryo packages, averaged $2,289.47.
Rounding out the list
is the Top of the World Sale held during the World Dairy Expo in
Madison, Wis. The second silent auction format sale ended with 44
lots averaging an even $2,000.
Top Individuals
With only three years
of the decade under our belt, one cow family has dominated the
auction block twice in the annual sale summary. In 2000, two
daughters of the World Champion for Fat Production sold as the first
and third high seller for $40,000 and $36,000 respectively.
In 2002, the
decedents of Golden MBSB of Twin Haven controlled the gavel again as
two offspring from the third high seller in 2000, Ferriera Mannix
Goldengirl, were struck off at the 50th All American Jersey Sale.
At $30,000, SHF
Apache Gordon-ET was the top selling Registered Jersey in 2002.
Select Sires and a 57-member Syndicate purchased the young bull from
George and Karen Hanford of Sycamore Hill Farm, Marcellus, N.Y. The
Australian proven ISAU Fleurieu Apache, JPI +198, son has a Parent
Average (PA) of +1,428M, +60F, +50P, and JPI +250 based on the
November 2002, Genetic Evaluations and is the first "Goldengirl"
son, to enter A.I.
"Gordon’s"
maternal sister also sold in the All American Jersey Sale and
brought the second high price of the year to rank her as the high
selling female of 2002 at $28,000. Selected by David Hogan,
Tillamook, Ore., the P9 Rock Ella Paramount, JPI +255, daughter sold
with a $5,000 conditional bull contract from Select Sires. Sycamore
Hill Farm, added a $10,000 heifer contract to the package. Her dam,
"Goldengirl" completed her first lactation of 1-11 305
18,570 4.5% 841 3.2% 600 100DCR and 2,071 lbs. cheddar cheese. The
Very Good-86% Rock Maple Brook Mannix, JPI +202, daughter has a
Yield Deviation of +5,212M, +212F, +144P. "Golden Gal"
carries a PA of +1,378M, +60F, +48P and JPI +278 making her the
second ranked "Paramount" daughter for JPI in the breed
(11/02).
Following as the
third high seller in public auction during 2002 is Soon Cent Sky who
graced the ring during the third Bush River and Treasure Chest
Combination Sale in Newberry, S.C. Doc and Marilyn Malnati and/or
R.J. Doran, Newberry, bid $22,000 on the Excellent-90% Sooner
Centurion, JPI +179, daughter that ranks 45th on the Top 200 JPI Cow
List. With a yield deviation of +6,957M, +304F, +215P,
"Sky", bred by Cedarcrest Farms, Faunsdale, Ala., is
followed by four generations of Very Good dams with over 16,000 lbs.
milk, and sold contracted by, Genex/CRI.
Two bulls syndicated
in the All American Jersey Sale rank fourth and fifth on the list.
Selling to Semex USA, Inc., and a syndicate of 36 breeders, for
$21,000 was Hillview Paramount Babylon-ET. Back by three generations
of Excellent dams, the pedigree stack of "Paramount,"
"Brook," "Trader," and "Sooner" made
for a strong package.
As the Reserve World
Fat Production Champion, his grandam, Hillview Trader Babka, E-92%,
completed an incredible 365-day lactation at 6-0 of 32,598 6.4%
2,100 3.6% 1,180 DHIR. Still in the Sorenson herd, she recently
calved for the fifth time at 7-06, producing 94 and 95 lbs. milk on
her first two tests. Sorensons Hillview Jersey Farm, Pine River,
Wis., was the consignor.
A bid of $19,000 from
Select Sires and a 43 breeder-member syndicate for MVF Barkly
Jackal-ET purchased the Long Distance Barber Barkley, JPI +210 son,
consigned by Craig A. and Terry Lee Rhein, Pine Grove, Pa.
"Jackal,"
the third son of MVF Brass Major Juanita-ET, Excellent-93%, to enter
A.I. sampling, has a November 2002, PA of +1,502M, +61F, +43P and
JPI +251. His Excellent-93%, dam produced 24,700 lbs. milk, 1,214
lbs. fat, and 867 lbs. protein in her third lactation. Rounding out
the pedigree is the acclaimed Elmview Sooner J, Excellent-91%, who
completed four consecutive records over 20,000 lbs. milk. |