Junior Market Livestock Sale

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Junior Market Livestock Sale

Junior Market Livestock Sale 2. You may deduct the difference between the purchase price and the It is a pleasure to welcome you, as a prospective buyer, to our junior market price as a tax deductible donation. (Ask for the current Market Livestock Sale. Your participation allows many young people (ages 7 market price on the day of the sale.) to 19) of our community to experience the marketing process and see the 3. If you donate the animal back to the fair, the entire amount is a tax results of their efforts. Youth have the opportunity to select their market deductible donation. animals early in the year, care for them, show them, and then sell them at the 4. A photographer will be available to take your photo with the youth auction. Traditionally, youth exhibitors use their profits for future college and animal you have purchased for your use in advertising. A thank expenses. you ad will appear in the local newspaper and signs will be placed in You may choose to purchase the animal by yourself or with a friend the livestock area. or business and split the meat and cost. Choose one of the following options: (Prices as of June 2011). Please let PLEASE LET THE CLERKS KNOW WHAT YOU WOULD LIKE DONE the clerks know your choices before leaving the auction area. WITH YOUR PURCHASE BEFORE LEAVING THE AUCTION AREA. Payment is requested after the auction for the purchase price (cash or check). 1. The fair will truck the animals to Rainbow Packing in Escanaba. The buyers The processing will be billed later. If you have questions about the sale, or assume the cost of processing. would like someone to bid on an animal for you, contact one of the --Lamb: $65 complete, slaughter/cooling only: $35 superintendents, livestock leaders, or youth listed on the back of this --Steer: $35 plus $0.39 per pound* brochure. --Hog: $25 plus $0.39 per pound* The cost to get the carcasses back are: Lamb: $35, Beef (quartered) $35 plus $0.08 per pound*, Hog (halved) $25 plus 2010 Champion Buyers $0.08 per pound* Beef Steers *fee based on dressed weight, not live weight, splitting and packaging materials Grand Champion – Pat’s Foods, $3.95 per pound are extra; Vacuum packing available for an additional $.05 per pound, smoking Reserve Champion – Econo Foods, $2.75 per pound $.60 per pound Average w/o champions $1.60 per pound (More detailed options will be available at the registration table or you can Lambs contact Rainbow Packing, Inc. directly at 906-786-7098.) Grand Champion – Econo Foods, $7.75 per pound Reserve Champion – Pat’s Foods, $4.20 per pound 2. You can take the live animal home as is or make your own arrangements. Average w/o champions $3.01 per pound Hogs 3. You can sell the animal back to the Houghton County Fair for the price Grand Champion – Pat’s Foods $4.25 per pound available (upon request) before the sale, or you can donate the animal back to Reserve Champion – Econo Foods $4.00 the fair and it will be re-auctioned after the sale with proceeds going to the Junior Market Livestock Program of the Houghton County Fair. This donation Average w/o champions $2.77 per pound qualifies for a charitable 501(c) 3 donation. The youth keeps the profit from the first sale, the Livestock Program keeps the profit from the re-sale. The publicity THANK YOU to all bidders and buyers for supporting youth in goes to the first buyer. Please designate this option when registering for the agriculture and the Houghton County Fair! auction, if it is your desire to have it resold.

What benefits will I receive by purchasing an animal? 1. You get a locally raised, high quality meat product.

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