Steer sells for record $240,000 at Fort Worth Stock Show
Bidding was fierce during the Sale of Champions on Saturday morning, the finale of the Fort Worth Stock Show.
The price of beef reached a record high last year at the Fort Worth Stock Show.
The grand champion steer, Bob Marley, sold for a record $240,000 in the annual Sale of Champions, the raucous, money-drenched event that closes the show each year.
That figure topped the previous high of $230,000 for the 2012 champion. Last year’s winner sold for $200,000.
The annual junior livestock sale features the best steers, barrows, lambs and goats — out of 11,000 entries — that were exhibited during the Stock Show. By the end of bidding Saturday, the sale had raised a record $3,709,361, outpacing last year’s total of $3,305,919.
Bob Marley — a 1,344-pound European crossbred steer shown by 17-year-old Madilyn Priesmeyer of Round Rock — was bought by a first-time bidder, Fort Worth-based Rxpress Compounding Pharmacy.
“We want to support the Stock Show and help the kids who have put in so much work. It has always been something we have wanted to be a part of. And now that we have the chance, we wanted to be sure that we made a big splash in our first time out there,” said Richard Hall, president of Rxpress.
The grand champion steer, named Bob Marley, was purchased for $240,000 by RXpress Compounding Pharmacy at the Stock Show Sale of Champions. Fort Worth Star-Telegram/Max Faulkner
Hall bid five times to out duel Hillwood Properties for the steer.
The price per pound for Bob Marley comes out to $178.57.
From: The Denver Post