$3,200 first calf heifer pairs. That’s what everyone is going to hear about and be excited about. The capital gains investors are grinning ear to ear. They see the appreciation value from taking a five-weight heifer and turning her into that $3,200 pair. It looks like high return and easy money. I am certain it will be in the subscription newsletters and webinars the rest of this month.
Auction frustration
There was only a few dozen of those $3,200 pairs. There were 220 more first calf pairs in the offering that day and their average sell price was $2,245. When I calculated that…
