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Yesterday on Superior

Faster horses

Well-known member
They were selling LEASES on bulls. I hadn't seen that before either.
The early ones were selling for $2300 or so. They were older bulls,
like fall of '09, some of them. I wonder if they had been used.
Surely not.
 

Justin

Well-known member
Profit Maker has been selling the lease on those bulls for quite awhile now. you do have the option of buying the bull for 3x the lease price.
 

Horseless

Well-known member
How does a typical lease work.? Who is responsible for getting bulls back and is there a deadline to get them back? How is a death or an injury handled?
 

Howdy1

Well-known member
the older bulls have all been used, I believe. You lease them for the season then you have to bring them back andthey are tested for disease, repro tests, etc. Then they are re-leased the next year. Sounds dangerous to me but there are getting to be more of these types of deals all the time.

I can't figure out how people can pay such high rents for these bulls.
I.E.

Say you need to run 25 bulls a year.
Ave lease price $2000/yr
Equals $50,000/yr on bulls

If you bought your bulls and say you need to buy 7 bulls a year on ave.
Ave purchase price $3500
Equals $24,500/yr on bulls (you also could minus salvage value on retired old crancky bulls.)

$50000-24500=$25500

I know I can keep those stupid bulls around here for the rest of the year they aren't breeding for way less than $25500.

Maybe I am missing something else. I usually do!

Howdy
 

per

Well-known member
$2.00 / day for feed and yardage on 21 bulls for the 10 months you don't use or have the bulls $12,600.00.

Not having bulls around breaking things.... priceless
 

Justin

Well-known member
i think alot of the bigger outfits that use alot of bulls would rather lease, use and take back. by not keeping 40-50 or more bulls around they can save that feed and run more cows. i've never put the figures to it, but i'd guess thats what they are thinking.
 

cleland

Well-known member
If you take the same pasture that would hold 50 bulls and put 40 pairs on it it would probably pay for the difference in leasing
 
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